Nifty has made a great comeback,as predicted in this blog, if someone visits this blog regularly, he/she will be benefitted greatly as with my knowledge of charts i can give good turning points in advance and on that basis once time his/her buy/sell strategy on stocks/futures.
Currently it looks like Nifty is heading towards 5625 which is again a strong resistance, if not crossed with volumes then consider a small mid-term correction which can happen this week on any day or in intraday, watchout for this level in Nifty spot and at the same time watch Nifty futures, as Futures move according to the underlying security, as this is the principle in Derivatives. If you dont know this, then you are a newbie and even after good experience you dont know this, then you should think of doing something else apart from stock trading.
2 comments:
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