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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