We'll buy Nifty at CMP spot 11350 sl 11300 for TGT 11465-11490
CCI : + Diergence
Trendline : At support
BB : At (-) 2 SD.
Hourly RSI : (+) divergence
CCI : + Diergence
Trendline : At support
BB : At (-) 2 SD.
Hourly RSI : (+) divergence
Comentarios:
After our call, Nifty made high of 11398 and then made low of 11302. Tomorrow , if it opens gap down below 11300 then we would exit and do double short (15minutes sustained trading)
Comentarios:
11425 is the stop loss (closing basis) for all short position. Correction could be deeper till 10850-10900 level. 11300-11320 should provide resistance.