Needless to say that there is more weakness being built into the price action. Still, we cannot rule out a spike to 5510 before NIFTY make a decision.
Now that reliance capital TTI signal has given a SHORT signal at the close of the market. We would like to extend a trial to those who like to see how the signal works but, only for few days. You can see the signal at the right column of www.ftalarms.com .
Those who would like to trade the signal with reduced risk may even go with hedging. Hedging reduces the profit potential, but reduces the risk too.
A risk reward chart of Reliance Capital with hedging is shown. More explanation of hedging methods can be seen in many sites. Since there are too many methods, readers, who would like to do it may adopt a method suitable to their risk taking ability. Hence, I would not like to suggest a particular method.
