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AS EXPECTED NIFTY COMPLETED FOUR DOWNSIDE TARGETS AFTER CLOSING BELOW 10081. NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 9852 WILL OPEN DOWNSIDE TARGETS OF 9732/9589/9460/9309/9267. HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 10081 WILL OPEN UPSIDE TARGETS OF 10187/10259/10387/10446/10575. STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.
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