12-03-2014 - NIFTY

            NIFTY is still strong and going strong. As expected and mentioned earlier, NIFTY is in a strong trend and expected to continue the performance. Those who are holding longs in NIFTY should continue holding with a closing basis Stop Loss of 6480. Breach of this Stop Loss on closing

basis will tell us to exit all longs in NIFTY and stay aside till the time it closes again above 6525 and sustains there.

            Close below 6400 will indicate and tell us about the opportunities which will arise for shorting the NIFTY. We can discuss the levels then at that point in time for further targets and Stop Loss.