Nifty is Still A short for Aug Series of derivatives and F&O
We have given short call on 23rd july 2012
We still beleive nifty is in downtrend
Stop loss for Nifty shorts is 5131
This stop loss will be revised daily now for clearer picture and due to fact that markets are dynamic
Do not initiate fresh short on dips
use intrday rallies to short .
If Bouncebacks touch 5090-5100 ,this will be ideal level to short
We have given short call on 23rd july 2012
We still beleive nifty is in downtrend
Stop loss for Nifty shorts is 5131
This stop loss will be revised daily now for clearer picture and due to fact that markets are dynamic
Do not initiate fresh short on dips
use intrday rallies to short .
If Bouncebacks touch 5090-5100 ,this will be ideal level to short
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