- Derivative data still suggesting a Downside supports below 4800.Stiff resistance placed at 5000 level.
- As long as nifty holds above 4734 it can attempt 4822 first.Once it crosses 4822 with strength it can zoom to 4910 level.
- But only a firm close above 4960 level changes things positively
- Lot of front line stocks like Reliance,Tata motors are trading at attractive levels to consider for long term investment.Start your investment slowly
- Capital goods sector can outperform this week.Stay cautious on realty stock rallies
- If any stock corrects 20-30% after any bad news generally traders bet on 2-3% upside and starts buying for a Trade.Later if stock corrects more also they don't take a exit and starts holding for small time later they convert that in to investment and waits patiently for their price to come.If traders do buying in these kind of stocks one should keep a STOP LOSS based on their risk and stock technical's so that one will not stuck in for long time.Best example for this scenario in recent times is Gtl scrip.Taking wise decision in trading & investment always keeps happy
Best to your trading
