KRG: the momentum suggests that most have been caught short or atleast not long. reversal doesnot look likely right now. unless nifty opens on monday below 5800 and then closes below it.
there is little evidence of any climax.so any decline will only be corrective.
vipul: great call on the upside breakout; Are you seeing a corrective decline or do you see we are in potential reversal zone?
ReplyDeletecheers
KRG: the momentum suggests that most have been caught short or atleast not long.
ReplyDeletereversal doesnot look likely right now. unless nifty opens on monday below 5800 and then closes below it.
there is little evidence of any climax.so any decline will only be corrective.