MARKETS FOR 28TH AUGUST

NIFTY SPOT HAS CLOSED AT 5350. JUST CLOSE YOUR EYES AND SHORT THE  MARKETS ON EVERY INTRADAY RISE TOWARDS 5400 SPOT AS LONG AS SPOT NIFTY CONTINUES TO REMAIN  BELOW 5400. HAVE STOP LOSS A FEW POINTS ABOVE 5400 AND TRADE SHORT DAILY ON EVERY INTRADAY RISE. BIG OPERATORS ARE DETERMINED TO HAVE THE EXPIRY CLOSING CERTAINLY BELOW 5400 AND MORE LIKELY TOWARDS 5300. ONE MAY RESORT TO BRUTAL SHORTING IN CASE SPOT NIFTY SLIPS BELOW 5340 AND IS UNABLE TO RISE ABOVE IT OR AFTER A RISE AGAIN FALLS BELOW 5340 SPOT.
Traders should incorporate their own safety mechanism and stop loss in trading in order to avoid loss. 

1 comment:

Phani Kumar said...

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Ganges Securities Ltd