NIFTY has given a close at 7486.75. As
we have mentioned already, the strategy we have adopted is working absolutely
fine. We still buy on dips, of course with a Stop Loss. Today we have almost 1
% UP. And throughout day, NIFTY never lost the control and sustained the higher
level, which again states and indicates a sustained uptrend. So again
the
strategy remains the same as stated earlier, any sharp intraday panic must be
used as buying opportunity. Any buying in NIFTY must be followed with a strict
Stop Loss of 75 / 100 points. If any time if breaches 100 points and in case of
gaining the lost ground back will suggest us to join the rally again. Other levels
and strategies will be discussed later.
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