if you are with long side stay on with the 10640 stplos..
because more short covering may happen..
If nifty want to move in it's upward channel ,,BECAUSE it is near around it's bottom of channel..
if you look on future price of nifty .. gap between spot price and nifty future..
nifty =74+
nifty future price = 91+
91-74= 17 (today buyer was heavy on seller that's why 17 point increase in future price of may series )
we may see head & shoulder pattren.. on weekly chart.. in future...
bt still on long side with stoploss..