Wednesday 11 September 2013

Technical view by Nooresh

Technical view by Nooresh

Nifty – Shorts Trapped – But does it look like a time to go Long ? Nope

Posted: 10 Sep 2013 10:27 PM PDT

  In the last few days we have been pretty much caught in a trapped position. Initiating pre-emptive shorts expecting the trendline breakdown levels to be difficult to cross. Nifty has zoomed beyond those levels and if it does 5980-6020 it could be touching the falling trendline.   Over the last 3 months what has […]
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