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Thursday, August 28, 2014

28-8-2014 - NIFTY



                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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