Nifty cmp 11863.
Keep booking profits in long positions. Market can take U turn and face selling pressure any time soon.
Nifty and Banknifty both showing over bought and pattern indicating maturity of short term impulsive wave. so any time soon we see selling pressure.
traders can book profits in long positions.
regards,
suryadev bandari
research analyst
www.earningwave.com
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