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Friday, January 29, 2016

29-01-2016 - Index views intraday

Dear readrers,

Nifty futures cmp - 7461 at 13:30 am. Now if Nifty trades below 7450 & sustains, one may start making short positions slowly with PEs ( options ). in case of drifting down further and trades and sustains below 7420, one may aggressively short / buy PEs of Nifty. Your Strict Stop Loss will be 7520 on closing basis. Positions added in a staggered manner will be a better strategy.

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