July 21, 2015

NIFTY futures intraday charts

- initial bias was bearish as first 2 bars showed selling near last 2 day's high
- aggressive short possible here though not recommended
- break of second box was sell signal.
- notice 2 selloff bars within the second box
- cover at close.
- NOTE: this is hindsight analysis as I could not trade because of feed problems

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