NIFTY has closed at 8119.40. After making a low of
8072.25, NIFTY recovered well and closed quite up. Unless it makes a lower low
again, we can expect an up move again. This up move is expected ONLY in case
NIFTY
does not break the low it made today. If it breaks the low, we might see
another crack of 50 / 75 points in NIFTY. But in case it does not, we think,
the up move will resume and we might see the upper levels soon. So as of now
the long holders are safe and we have not hit any Stop Loss as of now. So please
continue holding the positions and ride the trend. Please refer the previous
posts for levels to trade in NIFTY
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