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*Staying above 10293,prices heading 10400-450 & more *

NSE:NIFTY   Nifty 50 Index
Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10329 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10377 level.
Month :- Technically month trend is "Up", with price staying above MEma 10364 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 10225-20 levels till than hold their long positions & if traders wants, they can add more position or re-buy (which booked yesterday) at around 10300-295 level for bull rally.

Note:- its my personal view.

Comments

Yesterday, I said in the morning that " if nifty reach 10375-80, traders should be take profit in partially position and nifty made high 10398. I booked partially position at the 10378 level.
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