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TRADING STRATEGY FOR 18-10-2013

                             TRADING STRATEGY   FOR 18-10-2013



1. We can see lower highs and lower lows on nifty as well as on RSI
2. We have drawn Bearish resistance on Nifty as well as on RSI.
3.Now nifty may face resistance at 6095-6080 area and lower targets are open at 6000-5980
4.But Fast Drift  seem little Difficult as we can see there is reduction in premium , which indicates shorts are added , and when major consequences are same (short ) it take time to hit on lower side . or we may see Gap Down Action.
5.We Are holding our lower side Target for 6000-5980 , one may use 6095 as stoploss


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