Bulls are gaining the strength at lower levels, nifty manage to close above 4800 for second day it shows good support at lower level , unless there is a 150 pt correction we cant say the index taking a major correction, it takes some more days to have that climax, As a day trader i don’t want to bet on the future of the market, As a traders i love to make points out of bulls & bears , I hope all love to follow........
Buy nifty at 4825/ 4837 with the tight sl of 4800 to the target of 4855, 4872. Market may fall in the sideway with positive bias.
(please see the how to trade our calls to have a better idea on money management)
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