Thu 13 Jul 2017 Nifty View

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Good Morning All,

So the 11 points stop-loss was hit yesterday . Sometimes turn dates may take 2-3 days to take effect. today again there is a resistance at 9:38 AM around and we will short again there after seeing some price action, with a tight stop-loss.
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Not feeling comfortable in shorting right now....
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I am waiting for it to go down a little in order to go long.
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Possible time to go long: 11:40
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11:40 is skipped, next time is 12:44
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Action: Please go long here with stoploss at 9850 NS
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Action: Please go long here with stoploss at 9850 NS
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12:44 will provide the support, modified stop-loss : 9830 NS, just to provide room to spikes.
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Strict stoploss: 9850 NS. Enter this into system. Nifty touches it and we exit, no mistakes here.
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Please carry forward ( with strict stoploss at 9850 NS). Expecting a gapup tomorrow.
BANKNIFTYNIFTYTrend Analysis

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