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Wednesday, June 24, 2015

Nifty JUL15 should be short with SL at 8415 levels.

As of today, 25/6/2015 - NIFTY seems to be a good short candidate with stop loss around 8415 levels.

This is observed on 2hr NIFTY chart.

The possible target for this trade on 25/6 is around 8100 based on Donchian channel.

The NIFTY position need to be tracked every 2 hours at times of 11 AM, 1 PM and 3 PM.

Image attached:



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