Nifty Future 28th August

Enjoyed The Blast Or Not !!!

Yesterday NF from high 5406.45 below 5402 touched our 

1st target 5366 made low 5358.10 & close 5362.40

Short Given @ 5405 1st target 5366 achieved

booked part profit now holding short for 5340-5325.

Now What To Expect ?

NF has rallied from 5256 to 5465

Reversal Start from 5465 yesterday touched 50% retracement 

5360 yesterday.

NF intra Hurdle @ 5366

Below it NF will touch 5340-5325

Major Support @ 5325

Below it see 5310-5285

Close Below 5360 NF will touch 5256 till expiry.

Exit All Shorts above 5382

"The statement "market action discounts everything" forms what is probably the cornerstone of technical analysis. [...] The technician believes that anything that can possibly affect the price--fundamentally, politically, psychologically, or otherwise--is actually reflected in the price of that market."

Have A Great Day