Day Trad­ing Guide

The Economic Times - - Smart -

Index con­tin­ues to trade within a range. Mid­point of the cur­rent gann chan­nel is at 7745, and Nifty has failed to close above that for more than a days’ trade, which led to a sharp cor­rec­tion. On the down­side, pos­si­bil­i­ties are that index could go back to the start of the gann chan­nel placed near 7550. Fresh shorts should be cre­ated only on fall be­low the same.

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