NIFTY Views - for 24th July 2012:
Nifty is getting tired with many Doji Candles ! With Derivatives data, NIFTY expiry seems below 5300.
Short TGTs achieved today with Gap Down! I have booked Profits in my Short position &
I Bought today at 5125 as its at minimum risk zone. Graphs indicates for a Positive Opening tomorrow !! So looking for some Quick bucks positional in this Expiry week.
No TGTs right Now, Candles will tell the story Tomorrow..
In Monthly Time Frame: Down Trend
In Weekly Time Frame: Consolidation
In Daily Time Frame: Nifty nearing the support at 200 day MA.
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