Since Nifty is trading in a range and nothing much or significant is happening, traders are advised to book profit partially and trail the Stop Loss and ride with rest. Caution is advised on each and every trade, whether long or short. Partial profit booking on every target can be a nice strategy for a few days to come..
Happy trading !
Sir, what is your view on HDFC Bank. and TCS?
ReplyDeleteThanks.
Arvind kumar,
DeleteHDFCBANK is in uptrend, facing a correction. 660 is a very strong support. Break & close below which will take it to further down.
TCS - A long consolidation on the top. It is in the uptrend. One should be very cautious if it breaks the support zones of 1970 & 1930 and closes below. Above 2100, rally might continue for higher levels.