Dear All,
On 4th of Aug we told you that we are going short on nifty at 4700 level for target of 4500, 4380, 4250 in coming days today , Today on 6th Aug Nifty hit 4550 levels 150 points profit.
Now we trail with stoploss to 4700(on closing basis) for target of 4500, 4380, 4250 in coming days .
Why we gave a sell call, we are showing charts, that was one of the
reason .
Nifty and Sensex Charts both showing Divergence .
Thanks & Regards
Abhay Mehrotra
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