jackson_philips

NIFTY TO GO DOWN AGAIN - At least it looks like to me

Corto
jackson_philips Actualizado   
NSE:NIFTY   Índice Nifty 50
PCR = 1.217
I feel that the Price might go to a Max of 8125 and then slide from there.
Weekly chart looks like there is more down side that is expected
The actual effects of BRexit will come into play once the Companies wake up and realize what is at stake
TCS, TATA MOTORS, INFOSYS and other Major Corps will shake a bit causing Nifty to Fall.

** NOTE : This is what I think, I'm no Expert **
Comentarios:
Going Up.. I guess this is a BULL TRAP :)
Will short @ 8140 - 8160 Levels
Operación activa:
i got in short @ 8150 futures
Comentarios:
I'm still short in this trade..
PCR = 1.364 - ( Kinda shows that its in Overbought state )
The current level is also kinda at the upper level, any movement up by about 20-30 points could mean more upside to 8275 Levels...but i feel it will slide from here
Operación cerrada: precio stop alcanzado:
I exit this trade.
Going with a different Approach
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