NIFTY
has given a close at 7662.65. Our strategy of holding old longs in NIFTY worked
well. Simultaneously we have recommended yesterday to buy fresh also and people
who have bought today are in profit. The strategy for tomorrow is
hold the
fresh longs with a Stop Loss of 7570 on closing basis, and any fresh longs
tomorrow must be followed with this Stop Loss rigidly. For old longs there is a
strict closing basis Stop Loss must be place at 7480, as we have mentioned
earlier also. Once crosses and closed above earlier high of 7715.55, might lead
it to the higher levels with a great momentum.
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