FOR ALL LONG POSITION IN FEB NIFTY USE 5590 STOPLOSS....
AS TODAY NIFTY CLOSED BELOW 200 DMA...
VIX IS RISING if it goes to 25 then we may see 5500 and 5309...
So one can exit at 5590 and can Buy Only when market n VIX settles
DOW jones Is trading 52wek high from OCT good rally
Is it time for Dow Jone correction?
If this happen we may see same picture of last of 16th Jan 2010 to last week of feb 5309>>>4690
so keep stoploss...n wait nifty to settle to take futher position....
Tomorrow expect 5560 and 5474 bt dont buy at 5560..wait for 5474 trend line point that may give bounce... thats last hope.. n need to settle above 5500... lets se..
AS TODAY NIFTY CLOSED BELOW 200 DMA...
VIX IS RISING if it goes to 25 then we may see 5500 and 5309...
So one can exit at 5590 and can Buy Only when market n VIX settles
DOW jones Is trading 52wek high from OCT good rally
Is it time for Dow Jone correction?
If this happen we may see same picture of last of 16th Jan 2010 to last week of feb 5309>>>4690
so keep stoploss...n wait nifty to settle to take futher position....
Tomorrow expect 5560 and 5474 bt dont buy at 5560..wait for 5474 trend line point that may give bounce... thats last hope.. n need to settle above 5500... lets se..
