Market has again started consolidating at lower levels. But overall all the indications are negative only and traders have been in wait and watch situation so the movement would be restricted and we need to SELL on all RALLIES as i have been explaining you.
Whoever is holding NIFTY positions can carry it with Stop Loss of 5610 on closing basis. Market is at highly oversold position and we can surely expect a short covering rally at lower levels. If there is any gap down tomorrow, it is better to exit.
You can see in the choppy market, our recommendation "M&M" has been making new high after new high. If someone had carried this stock at the level we have recommended, you would have made atleast Rs.10,000/- with just 1 lot.
Carefully follow levels and the rules we have described and make best out of our calls.
Whoever is holding NIFTY positions can carry it with Stop Loss of 5610 on closing basis. Market is at highly oversold position and we can surely expect a short covering rally at lower levels. If there is any gap down tomorrow, it is better to exit.
You can see in the choppy market, our recommendation "M&M" has been making new high after new high. If someone had carried this stock at the level we have recommended, you would have made atleast Rs.10,000/- with just 1 lot.
Carefully follow levels and the rules we have described and make best out of our calls.
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