Nifty Futures:
Dead cat bounce!!!!!!!!!!!!! Fundamentals don't change over night! Dow fell 700 points and recovered 150 points. So whole world is turning bullish!! This is what called 'PERFECT BEAR MARKET'. Once again I am writing... don't fall into trap. Any rise will be only to exit.Be stock specific. If you want to trade positions in Nifty, do it so on intraday basis. Close your positions before the closing time.Don't carry positions overnight!
Now yesterday's low will act as intermediary support. Trade long in Nifty till 5045 level is respected......
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