Uptrend is still ON
But previous trend line resistance and a round fig of 13000
will act as resistance for nifty
back to back green candles , may be some correction can come from here
But not any sell signal right now
SO DO NOT SHORT IMMEDIATELY
AND WAIT FOR CORRECTION ,
before making any big position in any stock , reduce qty , make small positions
SHORT term traders book some profit , trail stop losses
Expecting 12450 downside level
BUT AGAIN DO NOT SHORT IMMEDIATELY
MARKET IS STILL IN BUYING MODE
But previous trend line resistance and a round fig of 13000
will act as resistance for nifty
back to back green candles , may be some correction can come from here
But not any sell signal right now
SO DO NOT SHORT IMMEDIATELY
AND WAIT FOR CORRECTION ,
before making any big position in any stock , reduce qty , make small positions
SHORT term traders book some profit , trail stop losses
Expecting 12450 downside level
BUT AGAIN DO NOT SHORT IMMEDIATELY
MARKET IS STILL IN BUYING MODE