As such we are not in Long Position, though our bottom level 5131 validated, still, we are waiting for our sell trade. Because we don't have faith on this Rally.
Worrying Factors
- FM and PM is telling Economy is on track (remember PC made request to all Indians not to buy Gold).
- Though GDP is not encouraging, market is moving up ! ! !
- When all stocks are hitting low, again rupee is appreciating ! ! ! !
- Indian Sovereign rating is at stake.
We will take only SELL trade as per level. We will WAIT till we will get our chance.
We are sure, GOD only can save INDIA.
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