Wait for BUY , Sell on pullbacks

The Pivot for nifty today is around 4535 . SGX Nifty is trading about those levels and India Markets are also expected to go lower today as other Asian markets are also trading lower .


Nifty seems to be tired now and it would be a healthy for it , if it corrects itself now , otherwise it will become more vulnerable for a big and sudden fall later .

If you see 9 months chart , ADX seems to be falling now from many days indicating that its tired now and the momentum is declining .



If you are looking for buying , wait for short term . If you want to short , do it on pullback on intra-day .