NIFTY pulls up again without reaching value zone. Value zone moves up to 5209-5169, NIFTY does not seems to be relenting from its bullish power, though bulls are hesitant to get in on a strong strength. Macd histogram closing in towards zero line shows bulls pulling out in a massive strength.
Trend followers hold on to your long positions till the market gives confirmed weakness, these types of markets prolong into a shallow but advancing moves. As much as it wishes to rewards, why be reluctant to take it? Patience pays, please hold on longs.
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