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
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