NIFTY is strong and as we have
expected and mentioned to go with the trend with of course proper levels. NIFTY
closed at 6646.20, at a life time high. It has made a high of 6681.65 and made
a low of 6306.60. Today’s low is very crucial for very short term perspective.
We will be
cautious on any long if NIFTY breaches 66000 decisively. Other
levels will be discussed later. Till the time NIFTY does not break and close
below 6600, one should remain long.
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