The_Trader14

Nifty rebound after correction.

NSE:NIFTY   Nifty 50 Index
Nifty has rebound after minor correction.

The levels drawn on chart remains the same for me and I have not changed it since 17 Oct. Below link for reference.

I am still stuck on same thing which I repeated in my previous post.

I am still short on Nifty. Sell on rise till it is below 12050.

If crosses 12050 then it will be buy with strict stoploss.

Because Nifty does not have strength to go up more and this correction surely did not give it the strength for more upward.

Today's upward was more sort of manipulation from my view.

If you have been following me then please stay away from buy position for time being.

Any positional calls only go for short and if you are only bull then go only with strict stoploss.

Play safe & Happy trade.

Note: Views only for educational purpose. Consult your financial advisor for any trade.
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