June 29, 2015

NIFTY futures intraday charts

- markets open gap down below last 2 days trading range
- first bar is sell with SL at day's high
- trailing SL gets hit around 12.30 giving no profit no loss
- next long trade is profitable
- tomorrrow, levels to watch 8200 and 8400 F.

This is how the hourly charts look like... trend is down as 2 day support breaks.

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