NIFTY ( Futures ) has given a close at 8466.50. NIFTY
is moving again into the range. As per the views mentioned in our previous
posts, the trading zone is still bullish
for NIFTY. 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 must maintain the Stop Loss at 8400 on
closing basis of course. Any break and close below 8400 will be a warning bell
for longs. Short selling in NIFTY is not advisable yet. In case of any new
trade for NIFTY, readers will be informed and the levels will be discussed
here. Please keep these levels handy and trade safely.
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