Hi,
I have taken a Nifty May Futures SHORT averaged @ 3383 (5 lots of Mini Nifty). Now i see news spreading that Market might go till 3500 and 3550 levels.
Kindly advice if i should hold on to this one or come out of this by averaging little more and exiting even if the loss is going to be higher.
Also, i would like to know if there are any softwares/tracking mechanism to provide technical guidance on Nifty direction (upwards or downwards).
Your help would be highly appreciated as i am in dire situation with all my money locked up in this.
Awaiting your response,
Ananth
I have taken a Nifty May Futures SHORT averaged @ 3383 (5 lots of Mini Nifty). Now i see news spreading that Market might go till 3500 and 3550 levels.
Kindly advice if i should hold on to this one or come out of this by averaging little more and exiting even if the loss is going to be higher.
Also, i would like to know if there are any softwares/tracking mechanism to provide technical guidance on Nifty direction (upwards or downwards).
Your help would be highly appreciated as i am in dire situation with all my money locked up in this.
Awaiting your response,
Ananth