Hi Whisky, (Nice Name but I am non alcoholic
Just today I saw your post. Sorry for delayed reply.
Nifty is reaching about the support now. Shorting days are now over. Just trail your stop loss in short trades if any.
Now Nifty is almost at the support levels. Wait for confirmations. Nifty may get down even now but now these are not high probability trades as when it was at 6300+ levels. Also stop loss will not be near and safe. So either continue your current short trades by trailing stop loss or be neutral till change in direction. One may miss 100 or 200 or 500 points down move in this way as I missed 250 points upmove from 6100 to 6350.
I came online today to update about the IDFC so now about IDFC.
IDFC today's Close and Low = 101.35 and 99.80
IDFC is now at exact lower support line with increase in volume of about 25 percent so it is must buy from my side today and if anyone has already taken position in it like me then trail your stop loss with no more than 2 points max then today's low or 97.20. If it gets hit then don't forget to reenter again if it bounces back.
Same like IDFC is PNB, SBIN etc
Regards
Strategic Investments