As of now, S&P CNX Nifty is trading at 5325.
We were expecting a reversal in this run during last week, which eventually couldn't take place.
Whether it is going to happen this week or bulls will control this market, we don't know.
We are not here to decide the direction of the Nifty, but to trade along with it.
Sometimes our assumptions may be wrong also.
Even though, we were not long in the Nifty, we enjoyed long positions like Ambuja, JSW, Jindal Steel, Sun TV, JP, Zeel etc.
This week is crucial for the longs of Nifty.
Now we will be concentrating on only one level of Nifty Spot.ie., 5225.
The reversal will be below this level only.......
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