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Thursday, October 30, 2014

30-10-2014 - NIFTY ( Futures )



                NIFTY has given a close at 8166.60. As stated yesterday, rally continues. Long position is still on hold. The targets are as stated in previous post, near / above all time high of 8200. Only change is in the Stop Loss level. Stop Loss can be
put at 8060 from 7950, of course on closing basis. One can add the long positions on any dip around 8100, with a closing basis Stop Loss of 8060. 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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