First of all sorry for not giving you the updates bcoz of some technical difficulties.
NIFTY is in a perfectly good shape to trade and not for any kind of investment purpose.Investors should have exited their positions at 5650 - 5700 levels.
Nifty moves as if some more upside is left but it is nearing the end of a smart bull run.Nifty seems to be flirting with 600o levels for the past two days...traders can go short below 5985 levels and the upside target would around 6090 levels..If you can go short below that level the immediate target would be 5930 levels. Nifty is not considered weak until there is a sell off in the banking sector.....As i always said aftr 5650 levels it is better to have one October 5600 put position as a hedge against the downside risk and you can buy stocks for intraday....
One can exit their Reliance position at 1025- 1030 levels
