As i had explained in my previous post, market will remain calm till 11am. It has been calm. Now you can Buy Nifty Futures at current market rates at spot level of 5690.
If market breaks 5680, it can come till 5650. This level has to be used only to Buy new positions.
Market is coming into Oversold zone and you can expect a good short covering expected since the market sentiments is very much positive due to festival. This rally is a short covering rally and should be used to exit from long positions. Market will continue to be stock specific. Follow our guidelines and make money.
If market breaks 5680, it can come till 5650. This level has to be used only to Buy new positions.
Market is coming into Oversold zone and you can expect a good short covering expected since the market sentiments is very much positive due to festival. This rally is a short covering rally and should be used to exit from long positions. Market will continue to be stock specific. Follow our guidelines and make money.
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