NIFTY ( Futures ) has given a close at 8535.50. As we
have stated in our previous post, we saw more fire work on the upper side today
and touching the level of 8600 is not ruled out. We constantly advising not
only holding long but creating fresh longs also. Condition is very much same. Those
who are holding longs in NIFTY as per our recommendation, must be enjoying the
profit and a handsome reward, so for them and for new long traders in NIFTY, one must
trail the Stop Loss on the slightly up side at
8400 on closing basis of course. Any break and close below 8400 will
be a warning bell for longs. Short selling is not advisable yet. In case of any
new trade, readers will be informed and the levels will be discussed here. Please
keep these levels handy and trade safely.
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