Flashback
Readers of the blog would have made decent money in nifty future short as nifty fell from short level to first target before moving up.
Quite amazingly the master fibonacci is at it again. Today's high is spot on at 50% extension of the confluence zone.
Bull Level
Buy nifty future at 4890 with stoploss at 4870 for targets 4915, 4945, 4960.
Bear Level
Short nifty future around 5030 with 5055 as stoploss for targets 5005, 4975, 4950, 4920, 4890.
Note:
As i am busy with personal work, the blog will not be updated till the 23rd september.
Happy trading folks !!!!!!!!!!!!!!
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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