NIFTY
has closed at 7560.10. Today’s close is again a flat close 0.10 % down bar. Strategies
remain the same. We are in a Buy on a Dip kind of market. At least till the
time we do not get any signal for positional strong short selling. One must
watch for the level of
7500 on closing basis. A close below 7500 will force us
to close all the longs in NIFTY and sit aside. One can go long again on a
signal, which will be provided here again. Till the time it closes below 7500,
one must buy on any dip near to this level.
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