Tuesday, 29 August 2017

Gap down opening - 29/8/2017. How to trade?


  • If Nifty spot as well as Nifty fut opened below 9870 levels.  SELL
  • We have to go short with stop at 9951.
  • Carry the short till expiry look for the target around 9720 levels and even 9650 

  • If Bank nifty opened below 24250 level SELL with stop at 24500
  • Carry the short till expiry look for the target around 23850 and even 23750 levels


The above trade view in lieu of SGX nifty gap down open.  I will execute the trade and will place the stop.  I will review my position after the first hour if my stop not triggered.

Good luck..

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