Sunday, August 21, 2011

Nifty - 22nd August 2011

4786 is a very crucial level. We will wait for the day to pan out. Wait and watch. We dont have any positions right now.
Weekly trend - Down
Daily Trend - Down
Positions - None. 

To enter new shorts or longs need signals + sell on rallies is the mantra. No overnight long positions as of now since the downtrend is extremely strong.

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