Sell on Rallies market till #NIFTY crosses the 10250 barrier.
Nifty is afloat clearly because the Mutual Funds cash is soaring and they got too much capital to drive the market but then again this also calls for a crash like situation when they decide to sell and then the real fun starts for the traders not so much fun for the investors though.
One can go long if Nifty manages to close above 10250 and we're in for a good 200-250 points move from there on.
Also if Nifty manages to breach yesterdays low of 10124 we can see the levels of 10050.
So trade accordingly and check the other levels on chart.
Cheers!
One can go long if Nifty manages to close above 10250 and we're in for a good 200-250 points move from there on.
Also if Nifty manages to breach yesterdays low of 10124 we can see the levels of 10050.
So trade accordingly and check the other levels on chart.
Cheers!
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