Nifty 50指数
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!! Short Term Warning !! Book Profit !!

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🟠Expect a short term top in Nifty if 23400 is taken out on HCB.
🟠Any short trades initiated if any must have a ATH SL = 23675.
🟠Trade only using spreads if any. Avoid volatility/option buying
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Nifty tried to break, but didnt close below 23400 on hourly closing basis. But in monthly charts many stocks giving buy signals. As per my MITF algo 81 stocks have given buy signal. Looks like market is not exhausted, it can go further up from here. 2Q results and pre-budget rally may resume. Anyone with a short mindset need to wait for another 1-2 months at least till the results season is over and budget is over.

#HoldLongs #NoShort

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