How will nifty trade this week?

#1
hello all...I sold a lot of nifty at 5050 and holding it....my broker asked me to hold it as nifty will touch 4850 in the coming week?Dow jones closed very weak yesterday.So I am hoping a gap down opening of atleast 70 points on monday.should i book profits or should i continue holding it until 4850?pls guide me.Thank you
 
#3
this will depend upon your risk appettite... still i feel you should cover your positions around 4900 as chance to go below 4890 is low.
 

rajputz

Well-Known Member
#4
hello all...I sold a lot of nifty at 5050 and holding it....my broker asked me to hold it as nifty will touch 4850 in the coming week?Dow jones closed very weak yesterday.So I am hoping a gap down opening of atleast 70 points on monday.should i book profits or should i continue holding it until 4850?pls guide me.Thank you
first rule of trading....never hear to news...be your own analyst and success will be urs...
 

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