NOW IT’S TIME TO SELL AND BOOK PROFITS!!!
TECHNICAL INDICATORS ARE NEGATIVE
The
NSE Nifty spot closed at 5650 which was low level in previous trading session.
From last 4 trading sessions, nifty spot loses its strength and shows the
profit booking in the market. Technical lower indicators are showing sell
signal and moving in overbought situation. On the other hand, nifty spot price
line is coming nearer to short-medium-long term moving averages. Day traders
are advised to sell nifty future below 5635 level. 5546 will be next support
level after 5635.
Happy
Trading !!
Megha
Investments & Research Team
0 comments:
Post a Comment