Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10329 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10377 level.
Month :- Technically month trend is "Up", with price staying above MEma 10364 level.
When trend in all T/Fs are aligned together, holding position for more rewarding and in conflict, keep booking partially.
Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10225-20 levels till than hold their long positions & if traders wants, they can add more position or re-buy (which booked yesterday) at around 10300-295 level for bull rally.
Note:- its my personal view.
Day :- Technically day trend is "Up", with price staying above DHEma 10329 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10377 level.
Month :- Technically month trend is "Up", with price staying above MEma 10364 level.
When trend in all T/Fs are aligned together, holding position for more rewarding and in conflict, keep booking partially.
Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10225-20 levels till than hold their long positions & if traders wants, they can add more position or re-buy (which booked yesterday) at around 10300-295 level for bull rally.
Note:- its my personal view.