Although the anticipated rally came after dipping, nevertheless rally was due and now this rally is been confronted at 6230 levels which is profit booking area.
Although the anticipated rally came after dipping, nevertheless rally was due and now this rally is been confronted at 6230 levels which is profit booking area.
I was bearish since last 2 days' and today's opening price confirmed the bearish trend. I booked profit from the fall and then capitalized on the rally.
I was totally ready for this Grand Fall when NF traded at 6230
As far as I am concerned the sucker rally got over at 6211 any high price thereafter should be used to book leftover profit and also to go short with 6250 as the strict SL.