The Nifty and other major indices sector wise to name a few such as CNX Bank Index / CNX Auto / CNX Pharma / CNX Service / CNX MNC / CNX Finance / CNX IT Index are either running near the all time high level or in the process of making new high or in some case after making new high just went into correction mode. Although the trend is up and one cannot deny the fact that the market is in great momentum but this is also true that this momentum can be broken in 2-3 down session because some technical parameters have started showing signs of weakness and may disturb the on going up move in time to come,so keep this thing in the back of your mind and trade cautiously and not fearlessly specially in long trades and follow the stop-losses religiously .
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