Nifty bounce from oversold levels after retesting the previous low and faces resistance at 5100 levels nifty can bounce till 5150 – 5200 levels still if globle cues are positive where one can book profit and create short also close above 5125 can change the trend to +ve for short term so be carefull in playing the game as if you donot follow the trend during the day gap up or gap down opening may kill you or eat your profits earned nifty looks week below 5050 levels and strong above 5075 levels. But the main trend still remains down below 5125 levels
No comments:
Post a Comment