Thursday, December 20, 2018

Nifty Trade Update - 20th Dec


Update 09:55 AM : Sell Nifty @10932 CMP

As mentioned in previous post, considering various factors, this could be the topping area for Nifty with G leg of diametric almost completed. Short positions can be taken here with a SL of a new high.

Update 03:05 PM : Buy Nifty @10935 CMP- (exit from previous short position- no fresh buy)
Even though it fell to 10880 after our initiation,  the overall movement is not on expected lines so better to exit for now. Will enter again later.

Note: Spot price mentioned.

 

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