[sharetrading] NIFTY

 

There comes a point in time, when some risk has to be taken. Presently US chart have indicated that it is in a range of 10770-10900. It needs to break upwards of 10920 for confirmation that a bottom has been made.

Take a risk with recent low and GO LONG at least intra day and close position if close < 5230. CF > 5230. ID SL 5066/5055. Buy as close as possible on indicators……

Dissuade from shorting market, unless w/SL.

Market expected to open low and rise…..

 

Abe

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