Monday, May 20, 2013

Nifty Week 21st, Starts on May 20th, Look out for 6268 and 6275

Short Nifty at 6265 to 6275 for first target 6120

Last week gain is:     -20 (loss of 20 points)

*Expect small bounce at 6120 till 6140 to 6150, but trend would negative, it will terminated if Nifty stays about 6200

Niftyday Rule#3: Never try to average out losing position
Niftyday Rule#4: Maintain Strict Stop-loss and keep trailing in profitable direction

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