Tuesday, August 14, 2012

Are you short on Nifty?

Are you short on Nifty? The question was popped up to me from one of my friend and critic. I was sure where he is trying to bring my notice. I replied "Yes". I am a technical player and he a positional trader. I was short as per my previous post and continue my positional advise. Ofter a trader lose money when he is very close to winning situation. Technically Nifty is in overbought, which is not one point. However when Nifty in such situation moved against our thought it only test our believes.

Let's see where your believe lies.