Surprisingly NIFTY is consolidating. It is trading near resistance line and showing resilience, which is very noticeable.
ECB also hold rate today, positive for market punters who are searching for cues to take market up. Languishing global markets during the day also surged after ECB announcement and our NIFTY should not do any different tomorrow morning.
But still there is merit in holding bear position till NIFTY crosses 8375 in SPOT.
No new trades for ordinary traders.
Hold bear spread position.
Book profit in LT strategy, of not booked earlier.
For risk takers and if profit gained this month permits then sell Reliance future with SL 979 (in Future)
Disclaimer: This blog does not take any responsibility of your profit/loss.
ECB also hold rate today, positive for market punters who are searching for cues to take market up. Languishing global markets during the day also surged after ECB announcement and our NIFTY should not do any different tomorrow morning.
But still there is merit in holding bear position till NIFTY crosses 8375 in SPOT.
No new trades for ordinary traders.
Hold bear spread position.
Book profit in LT strategy, of not booked earlier.
For risk takers and if profit gained this month permits then sell Reliance future with SL 979 (in Future)
Disclaimer: This blog does not take any responsibility of your profit/loss.
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