NIFTY CASH CLOSED AT 10662
10764 IS VERY IMP LEVEL FOR NIFTY TO CROSS TO CHANGE THE TREND TO UPSIDE
It will feel pressure until it cross and close above 10764
After that 10764 to 10822 is the neutral range for trading, and real up move will start only after it close above 10822.
10628 is first support and it will be little safe till it is closing above that. Panic will be seen only if it break 10628 on closing basis.
So 10628 and 10764 are the main trend decider levels and will update next strategy once it come out of any of these 2 levels on closing basis.
Till than just keep playing on the stocks what we have in holding. Portfolio valuation is affected sharply but all stocks will bounce back.
It will feel pressure until it cross and close above 10764
After that 10764 to 10822 is the neutral range for trading, and real up move will start only after it close above 10822.
10628 is first support and it will be little safe till it is closing above that. Panic will be seen only if it break 10628 on closing basis.
So 10628 and 10764 are the main trend decider levels and will update next strategy once it come out of any of these 2 levels on closing basis.
Till than just keep playing on the stocks what we have in holding. Portfolio valuation is affected sharply but all stocks will bounce back.
No comments:
Post a Comment
WOULD LIKE TO KNOW YOUR COMMENTS :)