Nifty almost near its support area near 5950..... One can book part profits and may trail their SL near the initiation to close the trade profitably.
However, with the steep fall today, a divergence will also develop on the daily charts by now and today's low would have to be watched out tomorrow..
To be on a safer side, one can book part profits in Nifty short initiated near 6000 levels and trail stop losses.
Cheers
Hrishi
However, with the steep fall today, a divergence will also develop on the daily charts by now and today's low would have to be watched out tomorrow..
To be on a safer side, one can book part profits in Nifty short initiated near 6000 levels and trail stop losses.
Cheers
Hrishi
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