Nifty is trading way below its short term average(5 & 10DMA).
A small bounce may materialise if 5005 (Pivot) is held to target yesterdays high(5059) and may be a bit more.
Sell 5000Calls and short Nifty at that moment.
Aggressive can do a small long trade from here(5020) to 5059+. and initiate short at higher levels, when Europe gets into green.
Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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