Look where are we standing on the NIFTY weekly chart. If you believe in trendlines right now it's time to be extremely cautious. On a daily time-frame this trendline is already broken and today was just a retest of this line. Now going ahead this can be a fake breakout or a downhill ride of course we have to wait for this week's closing.
The most important goal of trading is preserving your capital.
The most important goal of trading is preserving your capital.