We expected the long move to 18140 and posted the same on Jan 15 posting as we saw heavy short selling. Market movers had trapped the short sellers and have moved nifty high. We missed to get on long as we had posted..
Jan 15 posting as below
Nifty 17956 - has moved above resistance 17929. As we find more short build around 17929-17992 we expect nifty has more possiblity to move to 18139 .
Our trade plan
Go long above 17930 and short around 18140.