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Friday, December 21, 2012

Opening Bell for 21/12/2012

Good Morning !! NIFTY may open negative to gap-down. Selling pressure may remain for the day. There is bearish flag in 30 min chart. So, short will be the safe strategy for the day.

NP-SAR for 21/12/2012: 5900 


Stay remain short once NP-SAR triggers with 5925 as SL. But OI suggests there is decent support near 5800. Be cautious at lower level. 

Short NIFTY below 5900 SL 5925 target 5880/5860/5840

Wish you happy trading !!

1 comment:

  1. And our Short Call on Nifty was Perfect to the letter "T" as all targets were done...

    ReplyDelete