Wednesday, January 21, 2009

Nifty very bearish...Go short!

The Nifty has turned extremely bearish across all timeframes..it has also broken 2700 which was a critical support....please exit all longs in stocks and futures...get out of long calls and short puts.....can short futures or long puts as long as Nifty remains below 2830...As before maintain stop losses n keep leverage low. Good luck!

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