I received a number of e-mail inquiring why I was not updating my blog. My reply to them was the MARKET was giving any specific direction. My rule is not to trade when you are uncertain. We are here in the market to make and maximize our profits and not to give away our profits which we have made.
Strategy for now: As advised Nifty has broken all important supports and when important supports are broken selling comes in play. Now lets wait and watch for the next few days. Nifty important support is 4925. Lets wait and watch if there is any sure trade I will update in the chat box.
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