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Wednesday, July 9, 2014

9-7-2014 - NIFTY



            NIFTY has closed at 7598.65. Today NIFTY has come down a 0.70 %. Now slowly it has come to a zone of support area. This area is though a bit wider but of course the support zone has started. To continue the uptrend this fall has to be stopped somewhere between 7470 and 7550. 1 or 2 days and 20 / 25 points might differ but the zone remains intact. Unless we close below 7530 / 7500, do not think about going short. Whether to go short on NIFTY or not, that will be decided only after the signal genets. Till then no fresh trade in NIFTY and trade stock specific. Like yesterday, even today we have a very good stock for tomorrow. Please
refer the next post.



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