Nifty comes in downtrend

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Jitendra Joshi

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Feb 3, 2016, 11:16:49 AM2/3/16

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Dear All,

As Nifty traded below our support of 7400 spot it has come in downtrend. We went short in it at around 7405 (stoploss triggered twice intra day). We will hold our shorts with trailing stoploss which is placed at 7460 currently.