NIFTY has given a down close with rating in the bearish side. We have a sell call below 5303.50 on NIFTY futures with a stop of 5350. A tight range market should break on the either side, it cannot prolong. We may have a signal on the side of a false break, but that will give more strength to the trade in the next direction.
Maintaining strict stop loss and money management will keep us in the market for a big howl.
No comments:
Post a Comment