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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Tuesday, August 26, 2014
Spot levels for 27th Aug
Nifty short below 7865
Stop loss 7895
Target 7795
If stop triggers just reverse your position and buy for target 7935 keeping stop at 7865
Tomorrow keep eye on 7865 on Nifty spot. break below is short with SL 7895 Target 7795
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