Trade Plan 3rd April :

NIFTY : 

As expected up move is visible on the ticker.
From Daily Charts , we wanted to book longs for target 13/22 ema.

We closed above 13 ema @ 5748 , 22 ema is at 5766 .
So lets short it ?
Volumes are drying in the up-move ,  punters like me did not enter into nifty longs. First indication of weakened up-move.

But don't forget the weekly chart , it said shorts to be initiated as soon as 5800 is seen on the ticker with SL 5830.

So , you want to wait for 5800 to short ?
Or you want to short now  with SL@ 22ema 5766 ?
Or you want to wait , if prices fail to cross 5800 and dip back below 22ema 5766 ?
Or you want to short only we dip back below 13 ema 5731 ?
I leave it upto you , your trading style and your understanding of Markets.

SS