Hi All,
Last 2 days market has started the movement is correction mode. Next few days it will make ground for a smooth journey for a decent correction. Further it would be sharp as it gains the momentum, I would suggest to book profit if anybody has the positional trades in hand.
Next few weeks it would be good correction before it all starts for a fresh cycle.
Primary Stocks are almost at 52 weeks high levels and they are almost saturated. The tendency to be at high seems to be weakening and heavy profit booking doesn’t look far now.
Its just a tentative sharing… More will come as things proceed. I addition this move will be supported by all international big Indexes.
Book profit, Trade with discipline and be safe.
~Nifty Future Trader.
