psdasila

*Nifty,resuming its rally,would face res. @ 10750/10800*

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NSE:NIFTY   Nifty 50 Index
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10686 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10624 level.
Month :- Technically month trend is "Up", with price staying above MHEma 10716 level.

Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10405-400 levels till than hold their long positions but they can book partially position up side around 10755-60 but if the nifty comes down rather than above and breaks the level of 10600-595, than also traders should book profits in their partially position.

Comments

Today, some profit booking expected in the market but continue long holding until nifty holds 10600-595 level.
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