psdasila

*Holding 10257 (DEma), prices head to 10361-10580 (W & M HEma)*

Education
NSE:NIFTY   Nifty 50 Index
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10294 level.
Weekly :- Technically week trend is "Sideways",with price stying below WHEma 10361 level.
Month :- Technically month trend is "Sideways", with price staying below MHEma 10580 level.
When trend in all T/Fs are aligned together , holding position for more rewarding and in conflict, keep booking partially.

Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10230-25 levels till than hold their long positions & they can book profit in partially position @ 10370-75 levels.

Today's Strategy :- "Buy on Dips"

Note- its my personal view.

Comments

Yesteray, i said in the morning that " Traders can book in partially position @ 10370-75 levels" and nifty made highest 10398 level.
Reply
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