Market seems to be range bound only, there is no big trigger for the market and hence traders have become cautious. There is no big shorts or longs building now, but all the previous shorts have been carried.
Until market breaks the range for intraday (5550 - 5610), there may not be any big move. But with the current movement, it is looking like upside is quite limited until market breaks 5630-5650 decisively.
As i have been telling you downside can be upto 5450.
Market is closing waiting and watching the winter session of parliament expected to start day after and how will the policy reforms announced will be brought into action.
Keep positions low until market gives clear direction.
Until market breaks the range for intraday (5550 - 5610), there may not be any big move. But with the current movement, it is looking like upside is quite limited until market breaks 5630-5650 decisively.
As i have been telling you downside can be upto 5450.
Market is closing waiting and watching the winter session of parliament expected to start day after and how will the policy reforms announced will be brought into action.
Keep positions low until market gives clear direction.
DAFS GOLD POINT PLAN OPTION BUY SRTRANSFIN 1450 CALL ABOVE 60 TARGET 70-80 SL 50
ReplyDeleteOUR FIRST TGT 70 ACHIEVED IN SRTRANSFIN CALL 1450 , BOOK PARTIAL PROFIT AND TRAIL SL AT COST
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