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Nifty angles chart updated 15/10/2014...
Last update 14/10/2014...
"For 14/10/2014 we have positive bias above 7876 and below it we may reverse as per the risk management of the system followed. Resistance at 7979 on spot nifty for 14/10/2014."
On 14/10/2014 opened gap up but did not sustain and intraday break below 7876 was negative. Shorts below 7876 taken and covered at 7835. No trades open at end of day.
For 15/10/2014 positive bias only above the level of 7891.
Happy Trading !!!
Posted in: Nifty Tips
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