Short Covering is over for the market (NIFTY)

Today we saw an end of the covering that was taking place for the last 3 sessions. 6210-6220 is a strong resistance zone for the market which is respected by the market. Now as the market has completed it Short covering we can see another downward movement for some time which should go below the level of 5975 if everything goes as per the chart pattern.

SELL TATACOMM FUTURES (NOV)

Sell TATACOMM (November Futures) for short term with a target of 245 and stop loss at 285. This particular stock is ready for the downward movement.

Regards:

Neeraj Dinmani

EDMAX Investment Solutions,

Phone- +91-9308944066, +91-9431458941

Email- dneeraj@edmax.in, dneeraj1611@gmail.com, dneeraj1611@hotmail.com