A Great Beginning of the Week

Well A huge resistance this time taken away by a Gap Up.

Though long wait for retracement to enter in long . At this conjecture risk reward is low for longs.

Buy SL 8280 NS .  Sell SL Taken out but one may play intraday shorts for decent profit.

Happy Trading ! !

Weekly Doji with Negative Divergence

Well NS still not able to close above 8336 on weekly basis .

Note the Negative divergence too. That does not mean NS may not make new high .

A new high near 8410 would to ideal for RSI to trigger on downside - May come or not .

SL remains the same 8336 NS .

Targets near 8170 NS .

Happy Trading ! !

Breakdown Tomorrow

Well Today also low volume day .

Expecting 8170 tomorrow only .

SL still the Same ( 8336 NS ).

Though we closed just a trifle Expecting A super Breakdown Tomorrow .

Happy Trading ! !