January 31, 2014

NIFTY Update: 30 Jan 14


Hope people are having good roller coaster ride in NIFTY. After the market failed to close above the red line on the top for 3 days its started its downward journey (yes a sharp one)... why did I book losses in the call I sold for 6200 bu hu hu hu keeping my unsuccessful trade aside... in last 5 days the NIFTY is not able to hold any support line.

Will it test the resistance or seek support below 6000 interesting to see.

Happy investing

Disclaimer: I don't hold any open position in NIFTY 

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