Please don't look for longs if nifty breaks below 24500, if it is above 24500 then you can see signs of recovery and re-asses your trades but untill then please wait for nifty to fall below 24500₹ levels to short
If nifty breaks then overall markets fall, for better optimization look for stocks now which you think are overvalued now
and then when nifty breaks 24500 then sell or buy PE (any ways you want to) that overvalued stock because that will usually have a larger fall if markets fall.
Please be prepared apart from your daily trading !!
May you all be happy, May you all be profitable :)
If nifty breaks then overall markets fall, for better optimization look for stocks now which you think are overvalued now
and then when nifty breaks 24500 then sell or buy PE (any ways you want to) that overvalued stock because that will usually have a larger fall if markets fall.
Please be prepared apart from your daily trading !!
May you all be happy, May you all be profitable :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.