FlashBack
Intraday traders ruled on monday. Nifty triggered short level in the morning itself and reversed 12 points shy of target. Thereafter it consolidated in a range of 16 points for more than 2 hours and took off on a jet plane.
ACC triggered the short level and reacted downwards.
For wednesday trading
Bear Level:
Short nifty future at 3411 with stoploss of 3433 for targets 3385, 3355, 3315
Bull Level:
If nifty future crosses 3433, buy at retracement level of 3420 with stoploss at 3409 for targets 3449, 3485, 3510.
Bad news for bears : Sultan of Stocks
For wednesday trading, buy ril at retracement level of 1763 with stoploss at 1741 for targets 1810, 1825, 1845.
Follow up on positional short ACC.
ACC made a bearish pattern on monday. As a result the stoploss of acc short can be moved from 623 t0 605. Entry should have made at 600 as per ACC
4 comments:
Thanks for the follow up on ACC. Really helps me as i am short in acc.
again your RIL lvls amazed me, keep rocking.
arssiva_in@yahoo.com
Gagan,
ACC trade is now closed. Please see todays update
Siva,
Thank you very much for your appreciation.
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