Nifty crossed 5200 with conviction today but this according to us is right time to book profit and start getting into cash. Almost all the technical recommendations by vertical grass have reached their price target and if you have taken position in any of them then we advise you to book profit or at least put a trailing stop loss. It’s human behavior to get extremely bullish on day Sensex jumps 300 points and get extremely bearish the day Nifty tanks 100 points. Stock market is a place where wise money always gets another chance and dumb money rarely gets another chance.

Book profit, as being in cash will allow you to enter the market at better levels. Mind you, virtual money is equivalent to no money at the end of day. In the mean while we will be researching for some stocks which are ideal for short selling at this point of time. Stay tuned to Vertical Grass J.