NIFTY ( Futures ) has given a close at 8418.80. As
stated yesterday, a long position was recommended since past few days. Today
NIFTY has shown some direction towards higher levels. Since past five days
NIFTY was trading in a very small trading range. A trading range breakout did
not
happen but a higher movement definitely is. A detailed information and
recommendation has been discussed in previous posts for NIFTY. For very short
term trading, one can initiate a long position even now in NIFTY. A strict and
closing basis Stop Loss must be followed of 8240. For detailed and broader view
about the NIFTY and its trend has been discussed in previous post. Please keep
these levels handy and trade safely.
No comments:
Post a Comment