Hi All,
Book full profit in Nifty long initiated near 5970-75 at CMP 6060-70...
One can now short Nifty with a tight SL of 6115-6120...... with targets of 6015-5970-5940...
Nifty hourly charts gave a bearish divergence.... It has also retraced 61.8% of the fall from 6230 to 5930...
SL above todays high....
Cheers
Hrishi
Book full profit in Nifty long initiated near 5970-75 at CMP 6060-70...
One can now short Nifty with a tight SL of 6115-6120...... with targets of 6015-5970-5940...
Nifty hourly charts gave a bearish divergence.... It has also retraced 61.8% of the fall from 6230 to 5930...
SL above todays high....
Cheers
Hrishi
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