Reason for trade initiated : we had mentioned in june 6 posting that resistance is at 18630.(Jun 6 :
Nifty 18593 - Resistance at 18630 and support at 18536,18455. ). Nifty went pass above the resistance on previous day and when it fall back yesterday it couldn’t sustain 18630 as it’s support. So short trade was initiated at 18630. When nifty test the lower trend line at 18564, trade was closed and profit booked..