NIFTY

            There is no change in NIFTY’s levels to trade and views. It has closed at 6352.30, above 6340, the resistance zone we have discussed many times in our previous posts / reports. So now we can expect the targets like 6380 and 6420. Please remember that the Stop Loss for any short

term long positions is at 6250. A sustained trade, below 6250 / 6240 will tell us to check for the shorting opportunities and we will post the levels accordingly. At this point in time, one can hold any long position in NIFTY with a very tight Stop Loss of 6300.