TRADING STRATEGY FOR 18-10-2013
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