This is neither a good place or a good time to be long. As we can see, the volumes for the upmove are declining, and the Williams indicator shows an overbought conditions. Intraday, shorts can be held with the stoploss as shown in the chart.
Wednesday, June 4, 2008
Nifty Future Intraday - Longs in Danger
Posted by Bhoomi Trader at 10:30 AM
Labels: NIFTY FUTURE, NSE
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