As mentioned in the post 2 days before I did expect some pull back. Are we done with that as the market has recovered from the early morning gap down? I would be cautious and not take any fresh positions. Just hold on to your longs with strict stop losses.Be a buyer on dips if at all you want to be one.
Extreme short term traders watch 5200 and short term traders watchout for 5100.
Have a great trading day,
Regards,
Rahul T.
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