Monday 9 March 2015

Dated :- 09. 03. 2015

                                                                       NIFTY SPOT : 8756.75
Hi,
Readers,

Kudos again.

Like many times before this time also the intermediate top for Nifty was clearly mentioned and updated on the blog well in advance. Readers of the blog were updated well in advance that Nifty is about to come down and even sell trade in Nifty was also mentioned in the blog dated March 04, 2015 well in advance.

Readers of the blog would have enjoyed the today’s relentless fall of around 200 point in Nifty in a single day. The selling pressure in Nifty was so heavy that Nifty did not even managed any meaningful intraday rebound.

It was clearly mentioned in my blog dated March 04, 2015 that top of 9119 made by Nifty will become intermediate top and Nifty is about to come down. Thus Sell Sell Sell Nifty with an initial stop loss of 9048.

Look Nifty fell like pack of cards today and traders are stunned, but, for readers of the blog, it was time to book more and more profits.

Charts and Technical’s prevailed again.

Now What :-

As I always say “Profit Who Hai Jo Ghar Aa Gaya.”

And when ever one gets good profit in no time one must as a prudence book that.

Book part profit here.

For balance of the short position trail down the stop loss to 8988 closing basis.


Enjoy the profits.




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