I have been back testing Nifty with a simple strategy in order to find an edge in probabilities of trading. I book minimum of 250-280 points is gain in a month. loss is negligible if you see risk reward ratio. keep eye on levels & Stop loss. its proven trade setup. profit is sure!!
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Friday, August 22, 2014
Spot levels for 25 aug
Nifty short below 7844
Stop loss 7870
Target 7775
If stop triggers just reverse your possition and buy for target 7915 keeping stop at 7844
Watch for 7844 on Nifty spot. break below is short with SL 7870 Target 7775
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