NIFTY has closed at 7669.75. NIFTY
made a life time high of 7689.45 and closed at all time high level. As we
mention since long, this is a bull market and since long we are buying, of course
with a Stop Loss. Still the strategy is same, Buy on Dips. Any intraday sharp
panic or a 1 to 3 days short term correction
is a buying opportunity. Every long
in NIFTY must be accompanied by at least 75 / 100 points Stop Loss. Once hit,
you just have wait for it to take a support and then buy again as we are in a
buy on dips market. The traders who are holding NIFTY, please continue and those
who are entering fresh, please keep a Stop Loss of 75 / 100 points and ride the
rally.
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