Bulls Earn - Bears Earn & The Pigs get Slaughtered
Well if we look at the last few days NS is doing nothing except range bound movements. The bullishness that was persistent for the last few days is slowly fading away. Today there was a glimpse of a negative divergence . Possible that we may break down from here or after making a new high.
A good Short set up is developing as such.
Remain Short with SL of 8580 (half hourly closing) or more precisley 8680 NS. Targets are 8420 - 8380.
Have a Great Day ! !
Well if we look at the last few days NS is doing nothing except range bound movements. The bullishness that was persistent for the last few days is slowly fading away. Today there was a glimpse of a negative divergence . Possible that we may break down from here or after making a new high.
A good Short set up is developing as such.
Remain Short with SL of 8580 (half hourly closing) or more precisley 8680 NS. Targets are 8420 - 8380.
Have a Great Day ! !
No comments:
Post a Comment