NIFTY has given a close at 7946.40. As stated
yesterday, the rally continued. A long
position is initiated for the higher targets near / above all time high of
8200. A closing basis and very small Stop Loss of 7850 will be working well for
the time being. So basically we are caged between the range of 7850 and 7950.
We can expect
a very good fire work on the upper side, once it crosses and
sustains above 7950. Close below 7850 will tell us to exit the long positions
in NIFTY. Keep these levels in mind and trade safely.
No comments:
Post a Comment