Nifty gave a robust move today and surpassed its previous high of 6776.75 made on 3.4.2014, today it made a high of 6808.70 and closed at 6796.20 this indicates that down correction is over and it has resumed the up move again,going up it will find resistance at 6868 / 6917 / 6952 / 6988 / 7057 /7197.
REMARKS:- One can go long in nifty with a closing stop-loss of below 6730 for the above stated targets but for the positional trades the real stop-loss would be closing below 6650.Market is in great momentum and volatile, so trade carefully and cautiously.Kindly follow stop-losses religiously.
NOTE:-1.PRICE STATED
HERE IS OF SPOT MARKET.
2.RECOMMENDATIONS
ARE VALID TILL THE STOP LOSS IS TRIGGERED.
3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION.
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me for strategic guidance to
enter and exit the trade
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