Nifty Stop-loss | Technical chart | 14-Feb-2012
Below is the technical chart of Nifty explained from the view point of Stop-loss as Nifty has been rising without any major correction from the last several trading sessions.
ParaBolic SAR is the one of the powerful indicator, which is used to mark stop-loss. As seen in the chart, Parabolic SAR is pointing at 5337.40. So, make your stop-loss at this figure. If Nifty closes below this level, book your profits and sit on cash.
The next support level is at kijun-sen line, which is at 5066.20
Subscribe Updates, Its FREE!