Nifty Comes in Downtrend....
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Jitendra Joshi
Dec 16, 2007, 11:45:44 AM12/16/07
to Nifty trader
Dear All,
As Nifty traded below our support of 6050 for some time, it has come
in Downtrend. We went short in Nifty Futures at around 6055 levels.
We will hold our Shorts with trailing stoploss which is placed at 6075
Levels at present.
WE BOOKED 470 POINTS IN THIS POSITION (WENT LONG @ 5580 ON 23rd
NOVEMBER).
Happy Trading!!!!
As Nifty traded below our support of 6050 for some time, it has come
in Downtrend. We went short in Nifty Futures at around 6055 levels.
We will hold our Shorts with trailing stoploss which is placed at 6075
Levels at present.
WE BOOKED 470 POINTS IN THIS POSITION (WENT LONG @ 5580 ON 23rd
NOVEMBER).
Happy Trading!!!!
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