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Friday, September 12, 2014

11-9-2014 - NIFTY



                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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