Nifty above 5100 is 5200 on Cards?

It’s not by making large profits that money is made over time. It’s by consistently keeping losses small in relation to profits. We make Profitable trade we get excited next trade if we are losing money Most of traders keep holding it in HOPE of getting back to profit and mostly it never comes and they Loss the Profit of there previous trades also.

Nifty Hourly

Hourly charts are showing a smart recovery shown by Nifty from the low of 4950.Every Dip is getting bought into. Only concern are the Volumes Today's Rise was backed on trade of 3,83,699 Contracts which is less than the Traded Contract in last 12 Sessions.
Rise on back of Less Volumes is a cause of concern for the strength of the Up move. As on Hourly charts we have seen a vertical rise and Negative Divergence can be seen in RSI and Stochastic. First sign of weakness will emerge only below ...
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