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EURINR Short Next Support at 73.2 level 38% fib level
EURINR
, D
Short
EURINR: EURINR Short Next Support at 73.2 level 38% fib level

EURINR Short Next Support at 73.2 level 38% fib level

Conservative Short Nifty at 38% ( bearish divergence on Stoch.!)
NIFTY
, 60
Short
NIFTY: Conservative Short Nifty at 38% ( bearish divergence on Stoch.!)

We have a bearish Divergence on Stoch on 1hr chart. Entered short on Nifty at 8358 with SL above 8400 on 5/July/16 looking for a retracement upto .38% (8220). Also looking for a bullish Flag or wedge pattern (Consolidation) before entering long. Could also look for 50% retracement with trailing SL to BE.

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