Tuesday, August 14, 2012

SHORT TERM VIEW

NIFTY 5 MIN
This is 5 min chart of nifty. Today at 9:40 am it gave opening range breakout. Opening range means range made in first 15 minutes. So now there is high probability that today it may target ---- Target 1) 5364-5365 and then may try to reach Target 2) 5379-80.  THE STOP LOSS FOR THIS TRADE IS 5 MIN CANDLE CLOSE BELOW TODAY'S LOW I.E. 5336.85


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2 comments:

kolhapuritrader said...

IF TODAY CLOSES ABOVE 5350 THERE ARE VERY HIGH CHANCES OF NIFTY REACHING 5600-5650 IN NEXT 11-15 TRADING SESSIONS.

suhask said...

Cheers Sirji & Hats off to you.