4 SEP 13, 10: 30 AM
Step 1: Market Analysis
Nifty : Up 96 Pts
Cnx 500 : Up 64 Pts.
A:D : 2:1
Market Analysis says today is "UP DAY"
Step 2: Chart Analysis
Market opened sightly above the yesterdays close and soon it went below the yesterdays low and closed above the open. It is sign of bullish implication. The market formed higher highs and higher lows and it is also sign of bullish .
Conclusion:
Go long with stops
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