Those who took the level posted on Monday could have made decent returns. Everyday one cannot expect nifty to do wonders. There is adequate liquidity in the market. Yet the moves will happen only when it is due. Market moves against the sentiment of the retailers.
Watch my levels : 12110/31750 which are hurdles for the day. 11975 and 31375 are good supports.
Anytime you see 11965/31250 levels getting breached, you will be butchered if you are long. Exit long and be a bear!
Trading with above levels is like eating a peeled banana. You cannot get a better trading advise than this in any other site.
Good Luck!
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