We can very well see from the movements and
chart of NIFTY since past few days that NIFTY neither breaking down nor
breaking out. It is just hovering around the levels 6240 – 6330. In this kind
of situation we cannot do anything brave but wait patiently and keep a keen eyes
on the levels described above ( and in previous posts / reports ) and take a
position accordingly with proper Stop Loss. There is nothing much to write
about NIFTY though, stock specific movements are producing good movements and
generating good profits. So for the time being we will be continuing our focus
on stocks. Please refer the chart below for visual reference.
No comments:
Post a Comment