Nifty - Daily Update
Nifty after a close in the negative since opening but positive compared to the last close, yesterday nifty closed higher but made a lower low and a lower high on daily candlestick. Doji was formed as well. Right now the market is certainly not to be shorted. The indicators are mixed.
As we said yesterday we remain long with now stop loss taken to 5289 on daily closing basis. 5304-5310 remain important levels which need to be taken out for any decent upmove.
No comments:
Post a Comment