NIFTY has closed at 8131. As stated day before yesterday,
a sustained trade and close above 8050, again led us back to the longs in
NIFTY. For any fresh longs or the longs which are bought today, a strict
closing basis Stop Loss must be maintained at 8020. The breach and close
below
8020 will tell us to exit the longs and sit aside to wait again for another
good signal to get back in the trade. As of now, the strategy is to go long and
keep a Stop Loss of 8020 on closing basis. Please keep these levels handy and
trade safely.
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