Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10686 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10624 level.
Month :- Technically month trend is "Up", with price staying above MHEma 10716 level.
Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10405-400 levels till than hold their long positions but they can book partially position up side around 10755-60 but if the nifty comes down rather than above and breaks the level of 10600-595, than also traders should book profits in their partially position.
Day :- Technically day trend is "Up", with price staying above DHEma 10686 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10624 level.
Month :- Technically month trend is "Up", with price staying above MHEma 10716 level.
Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10405-400 levels till than hold their long positions but they can book partially position up side around 10755-60 but if the nifty comes down rather than above and breaks the level of 10600-595, than also traders should book profits in their partially position.