Short Nifty

Hello Guys,

One Can Short Nifty @ 5340 with SL of 5400 for target of 5100-5060.....more or less all TECHNICAL ANALYST are saying for long in nifty....

But what i feel is if upside is limit and downside is more open ...then whats the logic to be on long side....

upside nifty can go till 5400-5450...but its a risky call.....and downside till 5100-5060 levels

So i advise you to go short on nifty


Aditya V Singh

BOOK PROFIT

One can book profit tommorrow in


RELCAP 765 recommended @ 600-620
TATASTEEL 496 recommended @ 485-500
HDIL 250 recommended @ 200-215
ABAN 716 recommended @ 650-670


Nifty at crucial point...5250 important level...as long as nifty stays above 5160 its bullish....if 5250 not crossed and sustained....5150-5000-4800 coming ......if sustains above 5250...then 5300-5400 coming

Personally i am in into cash and waiting for clear trend....