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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Monday, August 25, 2014
Spot levels for 26th Aug
Nifty short below 7855
Stop loss 7880
Target 7785
If stop triggers just reverse your position and buy for target 7925 keeping stop at 7855
Watch for 7855 on Nifty spot. break below is short with SL 7880 Target 7785
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