Expecting down move till Tuesday and turn around till wednesday.One can use rise on Nifty to short for good profits.(Use your own stop loss as per trading risk.)
Spot Nifty levels for intra-day trade on 12.12.2011
No trade between 4849 and 4884(to avoid whipsaws)
Buy above 4884 with SL of 4864 for targets of 4902-4919-4937-4954-4972-4990-5007-5025.
Sell below 4849 with SL of 4869 for targets of 4832-4815-4797-4780-4763-4745-4728-4711.
Happy Trading !
Spot Nifty levels for intra-day trade on 12.12.2011
No trade between 4849 and 4884(to avoid whipsaws)
Buy above 4884 with SL of 4864 for targets of 4902-4919-4937-4954-4972-4990-5007-5025.
Sell below 4849 with SL of 4869 for targets of 4832-4815-4797-4780-4763-4745-4728-4711.
Happy Trading !
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