As we have mentioned in our previous
post / research report, that NIFTY is in a strong uptrend. Views and levels are
still the same. There is a strong range of 100 points. One can initiate
position on either side, where it breaks out or breaks down. On the breach of
6900 one can go long for the higher targets with a Stop Loss of 6800on closing
basis and in case of breach of 6800 one can go short for the lower targets like
6700 and 6600. A closing basis Stop Loss can be set at 6900.
No comments:
Post a Comment