NIFTY is still in a strong zone as mentioned
earlier until it does not give any indication, for going short. We must go with
the flow with of course a target or a plan with a strict Stop Loss. We can hold
the longs and ride unless NIFTY closes below 6500. Close below 6500 on weekly
basis ( close on Friday ), will take it
further down. Appropriate levels will
be discussed later as at this point in time it is of no sense to think about
going short as market is NOT indicating any selling opportunities.
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