Wednesday, 19 December 2012

Trade Set Up 19th Dec :

Afraid to SHORT ?
Want to buy stocks for delivery ?
This green has frustrated you ?
Looking to go long for miraculous targets ?

If all four convinces you , are you  new to STOCK MARKETS ??

 NIFTY : Lets see , what we should BET on.
1) Daily MACD Negative Divergence.
2) RSI Giving up , cooling off from overbought levels.
3) Daily MACD going flat , giving a room for better risk reward ratio for SHORTS as it has already posted a negative divergence.
4) Volumes perking up.

When to SHORT ?

We gave a close yesterday above 5/13/22 ema. That counts for a bullish scenario.
But , I will prefer going with shorts but when ?

The Answer is as simple as nursery rhyme.
SHORT FULL THROTTLE if prices dip below 5889 with SL 5890.
And bet all your chips if we dip below 5874.

My first target stays a Kiss to 22 ema in daily charts , below 5800.



If you think , Nifty is gonna make new highs this December , wait for your Santa Claus to gift you tonight :D

SS









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