Wednesday, 2 December 2015

TRADING PLAN - 3/12/15

NIFTY 50

Nifty showed strong resistance around 8000 level, so I prefer to short the market.  My predetermined point to short the nifty will be around 7981-7990 with a stop at 8026.

If there is gap down opening, wait for pullbacks 7970 around to go short.
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Nifty Bank.

Predetermined point to short 17407-17430 level with stop at 17530 .
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Gap down/ trading below previous day low is highly bearish for both the index.

Happy Trading Zen Way....

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