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Sunday, November 2, 2014

2-11-2014 - NIFTY ( Futures )



                NIFTY has given a close at 8352.70. As we are stating past few days, rally continues. Long position is still on hold. The targets are achieved as stated in previous post, near / above all time high of 8200. Now we have already crossed 8200 and trading quite above 8200, we can
continue holding the longs. Only change is in the Stop Loss level. Stop Loss can be put at the previous high of 8200, of course on closing basis. 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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