Go with pharma index.
If NIFTY is green & pharma is green: If sustains above 953 go long. Target 1 is intraday. Target 2 is for a swing.
If NIFTY is red: if it breaks below & sustains for 15 min. go short.
There's a high change for it going up.
Others points to consider:
on hourly timeframe price @ 200 EMA
If NIFTY is green & pharma is green: If sustains above 953 go long. Target 1 is intraday. Target 2 is for a swing.
If NIFTY is red: if it breaks below & sustains for 15 min. go short.
There's a high change for it going up.
Others points to consider:
on hourly timeframe price @ 200 EMA
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Beautiful fall. Couldn't benefit from it though. :-(