Nifty is moving in very tight range, Volume and Open Interest are also in declined mode. In that case, its becoming very difficult for short term traders to make money in this kind of market. If anybody is long in Nifty, he/she should maintain stop loss around 5500.
Our long call in PFC has been initiated on friday around 210,short term trader can book profit near 220-221 and medium term trader can trail stop loss around 214 if it crosses 220 level and stay long until it reaches 250.
Happy Trading ....
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Our long call in PFC has been initiated on friday around 210,short term trader can book profit near 220-221 and medium term trader can trail stop loss around 214 if it crosses 220 level and stay long until it reaches 250.
Happy Trading ....
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