Since the market mood is quite calm &
there is very limited movement, today’s close also is a very flat close. It suggests
nothing but indecisiveness. As there is very limited downside is seen, we have
to keep our bias positive. Simultaneously we have to keep it in our mind that
we are trading on an all time high. So we have to be cautiously positive &
long. And
we must apply proper & strict Stop Loss with discipline. All the
levels for NIFTY posted in previous post is still valid and there is no change
in the view. So think, act & trade accordingly.
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