Nifty april series

Nifty is heading towards 5077 and 5105.at present many Indian analysts are suggesting to avoid long positions since the commencement of the month or to be more accurate ,from 4550-4600 levels.But their views and recommendations will change and become bullish when market will touch 5105. The concern arises at this point.from this point only it can be analysed where the next movement will be bullish or bearish.But my advise for short term is to remain cautious around 5100 level.
Day traders should avoid long or short positions.My experience says that day trader has not be able to make money in present,past or future.yes, but still they have vital role in the market.Since they are small players they have a brief effect on market and mainly contribute in raising liquidity for big players. So, due to the above facts never become a day trader.You should at least have a horizon of one week to one month, if you have market experience of 12 years otherwise you will be the ultimate loser.you may ask why 12 years?The answer is that within this long span you have seen large volatility in the market.After such experience,you have power to analyse various types of news and their impacts.you can also know the tricks of big payers like bull phase and bear phase. wait for the next article. disclaimer-this article has been made to give you only information not as professional assistance.so please take it as information and take your own decisions