NIFTY starts moving down as written in our pre-market review. Value zone moves up to 5117-5152, we need the price to move into this zone for a swing trade. Trend traders need not worry about losing paper profits; you need to give back some gains if you need to capture the full trend.
Our trend long position saw 180 points peak profit before retracing down. Hold on to long positions we will keep updating as the markets unfolds data.
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