Dear All,
Spot Nifty found a sudden sell off after the 2G license gets cancelled news. Now long traders should look out for the levels of 5220-5225 which is a good support, while the level of 5280 will act as a resistance. Traders should move out of longs below 5220, as we see the fall could extend to 5120 to 5070 in coming days. Use the chance to exit all weak longs from your portfolio and one can look for reshuffle their portfolios.
Spot Nifty found a sudden sell off after the 2G license gets cancelled news. Now long traders should look out for the levels of 5220-5225 which is a good support, while the level of 5280 will act as a resistance. Traders should move out of longs below 5220, as we see the fall could extend to 5120 to 5070 in coming days. Use the chance to exit all weak longs from your portfolio and one can look for reshuffle their portfolios.
--
Thanks and Regards
Rohit Saxena
Losers say it is hard and impossible, but winners say it is hard but not impossible." Rohit Saxena
No comments:
Post a Comment