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Tuesday, December 24, 2013

NIFTY



NIFTY is trading in a tight range.  Nifty closed at 6302.35. Only 0.20 % up. And a flat move. No change in views. All the levels, given in previous report are still valid. 6330 is first target on closing basis. And if sustains, the next target is 6380. The other levels are not relevant at this point in time. All the longs must be accompanied by proper & strict Stop Losses. A proper discipline should be maintain with positive bias and with a 6240 Stop Loss on closing basis.


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