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Thursday, May 8, 2014

8-5-2014 - NIFTY



            NIFTY has closed at 6680.95. Please refer the chart below. NIFTY again came to the support zone. Now we have to be very cautious as we are approaching a great political event of  “ LOKSABHA CHUNAV ”. Only change in the levels and strategy is that, one must
hold the short position and strictly follow the Stop Loss given. ( 6780 in case of shorts ). And one must go long with a Stop Loss of 6720, once it crosses 6780 decisively.



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