NIFTY has closed at 7421.40. As we
have stated, NIFTY is in an uptrend. NIFTY is inching upward, slowly and
steadily. Buy on Dips, is a valid strategy unless it breaks
and closes below
7200. The other levels and trades can be discussed later. As we are stating
since long, any intraday sharp panic must be utilized as a buying opportunity.
75 / 100 points of Stop Loss is a must in case of short term trades.
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