INDICES

Thursday 23 March 2017

NEWS


SO, AS FAR THE NIFTY IS CONCERN THE MAIN QUESTION IN MIND...MARKET WILL TRAP WHO??? BULLS OR BEARS...
AS PER THE TECHNICAL VEIW 9065 IS ACTING AS A MINOR SUPPORT ABOVE THIS NIFTY RESISTANCE@9143 SO AS PER THIS WEEK IS CONCERN ABOVE 9150 IS VERY IMPORTANT FOR BULLS OTHER WISE BEARS WILL BE ON THE FLOOR.

WHAT WE DONE IN PREVIOUS DAYS?
WE HAVE OUR MAJOR POSITIONS IN PNB FUTURE WE BUILD OUR SHORT FROM 146.30 TO 148.55 & COVERED YESTERDAY IN THE RANGE OF 137.80 TO 139.80. SO FOR THIS MONTH WE WERE WEAK IN PNB. & EARN WELL ACCORDING TO TECHNICAL LEVELS .....WHEN PNB MOVES TOWARDS 148 LEVELS ON 16-17 MARCH THEN WE ARE SELLING & NEWS ON THE BOARD FOR 155.....SO NEWS WERE NEWS JUST FOLLOW ONLY 1 THING EITHER FUNDAMENTAL OR TECHNICAL BECAUSE CAR IS ALWAYS DRIVE BY 1 DRIVER.....

SO FOR FURTHER JUST FOLLOW THE LEVELS & TRADE ......FOLLOW THE LEVELS MEANS IF CHART/NEWS IS SHOWING YOU TO EXIT FROM YOUR POSITION IN LOSS THEN JUST DO THAT BECAUSE IT WILL REDUCE YOUR LOSS....SO ALWAYS TRADE WITH STOP LOSS.

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