April 16, 2015

NIFTY futures intraday charts

- this is hindsight analysis as I am travelling/ not trading
- we have benefit of hourly charts showing chances of trend reversal
- break of initial support was short signal
- we got 2 more short trades.
- cover short was around 8705 F
- resulting long trade stopped out at marginal loss
- tomorrow, sustaining above 8740-8750 F will be bullish.

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