Hi .
As i have asked to go long on friday many a person might think that my decision is wrong. But i still believe those who have bought on friday are either at their breakeven or at small loss which can easily come into profit.
The close on Monday on Nifty was above 5000 that still kept the hopes of pull back alive.
I am still maintaining my long position. As i have already mentioned while taking the position the person need to hold it for two to three trading session.I expect to see short covering rally tomorrow. But the main issue of not happening is very less support from the global cues.
But most of experts are bearish and giving advice for the sell but i am maintain my contra call :-
1:58 PM - In an F&O call, sell Nifty January futures with a target of 4950-4800 and stop loss of 5070, says Husseini Wadharia, technical analyst, on CNBC Awaaz
1:50 PM - In an F&O call, sell Nifty January futures with a target of 4950-4800 and stop loss of 5070, says Husseini Wadharia, technical analyst, on CNBC Awaaz.
1:45 PM - In an F&O call, sell Nifty January futures with a target of 4930-4980 and stop loss of 5010, says Jatindar Sharma, technical analyst, on CNBC Awaaz.
1:40 PM - In an F&O call, sell Nifty January futures with a target of 4938-4850 and stop loss of 5074, says Manoj Sachdeva, technical analyst, on CNBC Awaaz.
1:36 PM - In an F&O call, sell Nifty January futures with a target of 4850 and stop loss of 5070, says Somil Mehta, technical analyst, on CNBC Awaaz.
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