NIFTY has closed today at 7931.60. A range bound move
with a consolidation continues. Even today, NIFTY has closed flat with a slight
positive bias. There is no need to change the levels. All the longs must be
held for higher targets. Closing basis strict Stop Loss must be maintained at
7830 for exiting longs from NIFTY. That will be the time to sit aside and wait
for another good signal. Till then, trade long with given Stop Loss. Short selling
is NOT advisable yet. Trade safely.
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