As I said yesterday nifty in a range bound mode no fire works.
So I take rest & market gives me also.
Now last night Dow again falls 500 points,but today morning Asian markets pull back from there lows.
Nifty also not open much lower.
I sugest to long @ 5100-5120 range with sl 5080 for 5150-5180-5200.
Below 5080 nifty find suport @ 5050-5000.
As it is already oversold any down fall move will be suported by an upmove.
Similarly Strong downtrend results any pull back a severe sell off.
So better to trade intra with sl for few points.
So I take rest & market gives me also.
Now last night Dow again falls 500 points,but today morning Asian markets pull back from there lows.
Nifty also not open much lower.
I sugest to long @ 5100-5120 range with sl 5080 for 5150-5180-5200.
Below 5080 nifty find suport @ 5050-5000.
As it is already oversold any down fall move will be suported by an upmove.
Similarly Strong downtrend results any pull back a severe sell off.
So better to trade intra with sl for few points.
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