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.
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Both indices are in GREEN! Wondering what happened to global cues? :D
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Today its a day of patience. It will be rewarded tomorrow.
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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.
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Nifty can show only intraday dips, that's it.
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TAs still not clear on main trend. Going long to them looks like going against the main trend :P
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Both Nifty and BankNifty at high point of the day, Will carry forward all long positions. May exit tomorrow in good profits.