sm21298182

Don't short nifty

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sm21298182 Atualizado   
NSE:NIFTY   Índice Nifty 50
Looks like we have formed near term bottom here. My sentimental RSI has turned green. So don't short nifty now , be long.
50 day moving average around 11500 can be big resistance. I wound but Aug 11000 call option and sell 11500 call option.

Going long has high probability on making money.

Happy Trading !!
Comentário:
Every body is waiting for some relief package from governments. Once the announcement is done Nifty might go up. That will be good time to short the market
11500 is critical resistance.
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