Gap down wont sustain

NSE:NIFTY   Nifty 50 Index
Today SGX NIFTY is down by a big number but this gap down wont sustain for more than 2 hours. One shall add to positon or go long fresh if not already. Turn date remains 12th Apr . And Nifty will remain bullish till then.

Will simply hold all y long positions patiently.
Comment: Both indices are in GREEN! Wondering what happened to global cues? :D
Comment: Today its a day of patience. It will be rewarded tomorrow.
Comment: So many people are bearish, its easy to be confused and its easy to go short. But making money is NOT about herd following. Its about following your system with courage.
Comment: Nifty can show only intraday dips, that's it.
Comment: TAs still not clear on main trend. Going long to them looks like going against the main trend :P
Comment: Both Nifty and BankNifty at high point of the day, Will carry forward all long positions. May exit tomorrow in good profits.


Looks like by next week target is 10450 on developing inverted H&S pattern...
Good stuff there
pankajvw SaurabhMehra
@SaurabhMehra, thanks!