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Technical Levels for Nifty on GDP Data

Your trades must be based on clearly defined rules.

You have to analyze your feelings as you trade, to make sure that your decisions are intellectually sound.

You have to structure your money management so that no string of losses can kick you out of the game.

 

Nifty Daily

On daily chart Nifty showed a pullback after Monday 3% rally but managed to close above 4800. Till Nifty close above 4800 bulls still have strength left and they can take Nifty to well above 4900 levels.  Today we have all important GDP data and market is factoring in severe slowdown in Indian Economy. Any GDP data below 7%....

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Bramesh
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