Today's Market Rhythm :- given below...
Day :- Technically day trend is "Up", with price staying above DHEma 10613 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10529 level.
Month :- Technically month trend is "Up", with price staying above MEma 10444 level.
Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10360-55 levels till than hold their long positions but they can book partially position up side around 10670-75 but if the nifty comes down rather than above and breaks the level of 10560-55, than also traders should book profits in their partially position.
Day :- Technically day trend is "Up", with price staying above DHEma 10613 level.
Weekly :- Technically week trend is "Up",with price staying above WHEma 10529 level.
Month :- Technically month trend is "Up", with price staying above MEma 10444 level.
Trade Advice :- Traders can close all long position and intiate fresh Short position once nifty manages to break below 10360-55 levels till than hold their long positions but they can book partially position up side around 10670-75 but if the nifty comes down rather than above and breaks the level of 10560-55, than also traders should book profits in their partially position.