FREE NIFTY TIPS
FOR FREE STOCK INTRADAY TIPS CLICK HEREToday market took a beating and forced many to sell their long and also triggered many stop losses.
the main reason i believe is the over bought situation in daily chart.
According to the chart, the wave what we see from 6180 completed at 6065 range and the closing above 6075 is a good indication for next trading day.(my personal opinion)
I wont to surprised to see nifty opening in a positive note next trading day.
if open on a weak note ,use the dip to build position and i feel there is high chance for a turn round towards 6120 level and finally 6180 levels in the coming trading sections.
keep a SL 6040 for Spot nifty.
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