As I explained in my previous post, Nifty has been able to break 5600 and it is also ready to break 5580. The weakness is likely to continue and you may have gap down opening on monday morning.
You can see my previous posts that i had told you about the levels - 5580, 5520 and 5450.
Now market will test 5550 - 5520. Now if that is broken, weakness will continue upto 5450.
Need to trade very carefully. As i have been telling you, sell on all rallies until 5450.
Now the loss which you had made going long, would have got covered. Carry your positions till monday and enjoy profits. Happy Trading :)
You can see my previous posts that i had told you about the levels - 5580, 5520 and 5450.
Now market will test 5550 - 5520. Now if that is broken, weakness will continue upto 5450.
Need to trade very carefully. As i have been telling you, sell on all rallies until 5450.
Now the loss which you had made going long, would have got covered. Carry your positions till monday and enjoy profits. Happy Trading :)
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