[sharetrading] Nifty

 

India fared the worst in ASIA.

I hope some of us have been able to mitigate the suffering caused by today’s fall. Whatever, be it as it may be, presently one should remain short and re-short near 5165, with SL 5210. If possible if opportunity presents, short intra day near SL levels……………
Tomorrow I expect a bounce, as the markets are in a border where any further fall will precipitate sharp sell off’s.

 

Fresh money should stay on sidelines as of now…………….

Look for selling at all rises. Keep 5134 as minimum reversal level before making any fresh shopping…………… for now.

But on NIFTY remain short………………..”
Those who followed our covered position, please reverse to naked short positions at best opportunity at same time. To hold short only below today’s close, else the covered position.

 

Abe

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