My Short Sell call on Nifty triggered stoploss at 2850. Loss of Rs.2500.
Markets are turning very volatile. Even the charts are suggesting abnormal levels. When the markets started today, we had M2M profits of Rs.1000. But again an abnormal buying took place which dragged the markets upside. Dont trade in individual stocks now. Markets will witness huge volatility in coming days.
I STILL STICK WITH MY DOWNSIDE TARGETS OF 2400-2300 LEVELS ON NIFTY UNTIL IT TRADES ABOVE 3250 FOR ATLEAST 10-15 TRADING SESSIONS. APPROPRIATE TRADING LEVELS WILL BE GIVEN AS PER MARKET CONDITIONS.
