NIFTY has given a close at 8040.35. As stated yesterday,
NIFTY resumed its uptrend. Long position is still on hold. The targets are
as
stated in previous post, near / above all time high of 8200. One can add the
long positions on any dip around 7950, with a closing basis Stop Loss of 7900.
Long positions can be taken in “ At The Money ” call options to minimize the
risk. Please keep these levels in mind and trade safely.
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