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Ideal trade is to go long with stop loss of 5178. Reverse the position only if it dips below 5178
downside target could be 5124 (5 EMA-Daily)
Rajandran R Follow
Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)
Ideal Nifty trade for 30 Dec 2009
6 sec read
Excellent sir, I think the Mkt may br here for year end TGT of Dow since Dow is our leader
It may be on year high on the expiry day since expiry is on 31 jan It should respect DOWsvamy dass