Wednesday, June 12, 2013

Gapdown openings and Gapdown openings,Time to exit from Nifty longs

If you remember we said on Saturday Technical Analysis Will Nifty respect Inverted hammer on monday?
we need to wait where nifty moves ahead. In the two recent trading sessions we saw negative gap up openings. So we are shouting and yelling  to stay away from long/bull positions on Nifty. We had recommended techmahindra and ITC. Techmahindra has reached the profit level we hope people have exited. Also do make a exit from ITC now because if the complete market is bearish then its difficult that individual stocks can move against the flow.



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1 comment:

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