Nifty unable to hold 7850/7777,Weekly Analysis

Last Week we gave Chopad Levels  of 7921 , Nifty gave Long entry on Tuesday which did 1 target on Monday Longs taken got Stopped out on Thursday and Shorts initiated on Thursday did 2 target on downside low made was 7788 which was near our 2 target of 7777. Lets analyses how to trade nifty in coming week, Will the age old adage , "SELL IN MAY AND GO AWAY" hold true in May month. Nifty

Posted in: Technical Analysis