Since yesterday short term trend has been changed to down, one can sell NIFTY at C.M.P. (current market price ) - 5421 for target of 5300 and may be 5200 in coming 4-5 trading sessions. Stop loss for this trade hourly close above 5445.3
CAUTION :- Intermediate and long term trend is up only, so stop loss should be followed strictly.
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Blog is meant for sharing my trading ideas only and no calls to be
taken as trading recommendation. Visitors please do your own
research or consult your advisers for safe trading.
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