NIFTY ( Futures ) has given a close at 8493. NIFTY is
trading range bound. NIFTY’s close is almost flat to slightly positive. In
coming couple of days the trend of NIFTY will be a bit clear. Rests of the
things have not changed much. With all the same levels to trade and 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.
No comments:
Post a Comment