Trade Plan 14th July 2014 :

NIFTY : 7459

Daily charts :

MACD Negative Divergence.
Strong narrow channel broken downside with heavy volumes.
13/22 ema cross over yet to happen.

We shall head DOWN till first support of 7200-7250.

Weekly :

SS

Trade Plan : Feb2014 Expiry

20th Feb
NIFTY :

Daily 13 ema @ 6091
          22 ema @ 6109
MACD below 00 .

Prices touched the upper end of the boundary with dried volumes.
Prices Drag back with bulk volumes.

Target ??  Lower end of the channel.

Lets SHORT FULL THROTTLE till prices clock below major 13/22 ema's
Ideal SL for future positions , upper end of channel , near 6150.

Please note : Falls are severe when prices jump from all resistances but fall back below it .

SS