Friday, May 18, 2012

Nifty Still in Downtrend 18 May 2012

Nifty Still in Downtrend 18 May 2012
Nifty Sensex are both in downtrend
No use in trying to catch falling knives
Short on small intraday rallies or stay away
Ultimate stop loss for shorters is 4977 which is quite far now
Use 100-110 points drops in Nifty to book Profits

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