Sep 28, 2015

Nervousness

7880 - The great wall of China .

Every time 7880 gets visited and bears become active. Today too after the morning up move not even a single time NS was able to scale 7880 NS . The buy in the morning also failed . Nothing much has changed and as of now we are in oscillating between 7760 - 7880 . Any side breakout/breakdown would result in super move. Tomorrow is an event day so SL should be handy .

For tomorrow buy the break out above 7880 NS and sell the break down below 7760 . Targets on buy side are 7940 - 7980 - 8030  and on the sell side the targets are 7720 - 7640 -7535 . Better tomorrow keep a SL buy/sell order with targets locked on the screen - You may be able to catch the train .

As of now my bias is still on the bullish side for targets of 8700 ++ . Buy the dip's

Have a Great Day ! !

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