[sharetrading] Nifty ASIA

Good day traders day…………….

Any buy Nifty of yesterday close, to be exited – first thing in morning on a weakest signal (even at a loss). Market seen narrowing down to a sideways move, with more bias on down side, but no clear sell signal.

RT’s may GO SHORT at best seen also with a 25 point SL.

Ideal situation – SHORT below 5397 on down move, w/ sl – 5417/23. Safe only below 5358. All values SPOT.

- Buy above 5397  or on a rise w/sl 5357

Clear short signal could emerge only tomorrow. Hence all positions are HIT n RUN………. On signals only

Markets could have a 1% oscillation triggering out SL’s on either side. So sell at highs and buy on lows, with SL place higher and lower of 0.5%.

Presently on cues – BULL power is only seen with a push up. Predominant direction is LONG.

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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!

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