Expect a slightly +ve open for Indian markets and nifty may try to breach yesterday high. The traders who are holding longs / CE must use this bounce to exit all long positions. The intra-day traders (long) must be very cautious with strict SL. The intra-day high before Europeans open should be used to initiate short / PE and the traders may carry those shorts / PE for Thursday open.
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Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.
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