Jul 5, 2016

NS Turned again today

Failed attempt to close above 8336 NS .

All in all looks like another grinding month.

Sell SL 8336 NS Target 8170 NS .

+/- 30 points whipsaw accepted . 

Happy Trading & Eid Mubarak ! ! 

Jul 4, 2016

Strong Close on Low volumes

Today NS closed above 8336 - First Day .

Though Volume was  Low .

SL still 8336 for short ( First Day over - 2 Days remaining )

Happy Trading ! !


Jul 1, 2016

NS not able to close above 8336 & Forms an Inverted Hammer

Well NS not able to give a weekly close above 8336 .

More over NS at supply zone and may be a new high above today high will give a negative Divergence .

Targets are 8180 - 8070 at present. Sell SL 8336 ( 3 Days Closing EOD Basis )

Happy Trading ! !