NIFTY pulls up again without reaching value zone though it slightly made a move downwards. MACD too getting flat just at the previous peak levels is an interesting turnout now. What is in store? It's entertaining, let's watch.
Value zone is at 5128-5096 at 2.00 pm and market has taken off without touchdown, while its great for the trend traders holding long position from 5035, we are sorry that the market did not give any entry for the swing traders.
Value zone moving up on a slow pace is good, it will keep adding small profits to our position. Before we could post this matter, the market has moved past resistance levels. Trend followers………………Cheers.
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