Nifty Futures Intraday Trading Report August 18, 2011


Quite an interesting day this was. One just needed to short and wait to see their accounts being filled.

I initially went long above 5039. This level was acting as a support back then. A breach of this level meant that we may slide down further. And it did occur. I shorted below 5039 and sat back. The trade was squared off in between 4940 and 4945.

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