Dear friends, now all the cheers for the bulls is seem over. CMP 6045, I am not going to discuss why, but Nifty may down 5791-5844, then 5669-5732 range in short term, and as per weekly chart Nifty is heading towards 5477-5610 level, hey please don't be panic now. It will be wise decision to keep a blank portfolio right now except some outstanding performer Pharmacy stocks. 6140 is looking good stop loss now. Unless and until Nifty cross the hurdle go short Nifty's 6100 CE, a good time value could be earn by thus. Well three more thing making me greedy for short Nifty, 1. USDINR and 2.India Vix, 3. let it to be undisclosed :)
1 comment:
O ho Nifty is now trading 160 point bellow, after my short call, now no should book loss on Nifty short, need to manage trade minutely and wait for more. But one can cover 6100CE what they shorted.
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