Thursday, 18 August 2016

Premarket Nifty 18082016
















Assessing the Big Picture in brief, there are two ranges at play as marked on the chart.  Recent range has become narrower.  We will have to trade this range today if prices react there. If price action permits, sell around 8700 and buy around 8600.  That is the final assessment.

Day trading is not only trading at DPs.  All this exercise requires.

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