Wednesday, 25 September 2013

NIFTY @ Interesting Juncture


September as usual has been an interesting month for Nifty

We saw an 700+ points move in Nifty with an gain of about 400+ points. I had tweeted about it at the beginning of the month.

Going forward, my thoughts with Nifty 15 min chart below …
Expecting range between 5950 & 5800 levels, I don’t expect the upper range to be broken, if it does new Highs on the cards. Breaking 5800 levels We will work towards filling the previous gap. For the Bulls, the current uptrend comes to an end only near about of 5600 levels, enjoy !!!
Disclaimer : I’m carrying my positional shorts along with multiple Bear Spreads

Nifty_15_min_Sep_25


Trade Safely & Invest Wisely !!!

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