As we had stated in an earlier post, we
are on our way to the intermediate support of 7784. However, a bounce back came
towards the fag end of the previous trading session.
The intra-day traders may go long if the
Nifty trades above 7966 mark and book profits around 7980. However if it trades
below the 7936 mark then they may short the nifty and book profit at 7900.
The short-term traders and Mid-term
investors may stay away and just sit in the side lines.
A lot of
people have lost a lot of money in Capital markets due to their need to get
rich quickly and their innermost desire to gamble, to feel the consequent
emotional excitement, over which they have no control. The sole intention of
sharing this link is to guide such people by helping them in minimising their
losses.
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free to write to us for our free advice regarding the stocks which you
already hold in your portfolio. Kindly send the quantity and price at which you
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do not disclose your IDs or portfolio.
Disclaimer: The
writers of this column do not personally hold any stock or position in the
F&O market and do not intend to benefit in any way by publishing this
column. The final discretion is that of the reader and we disown any
responsibility for any loss incurred by the reader.
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