January 20, 2017

Sell signal on NIFTY 15 min charts

- we got the first buy signal around 8000 levels in last week of DEC
- today, we got sell signal on break of 8385F
- a cool profit of 300+ points on positional trades.

- SL for short trade is 8460 F.
- caution: next week is expiry week so time decay will be fast
- high chance that NF may favour option writers and not buyers

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