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AS EXPECTED NIFTY CONTINUED ITS UPWARD JOURNEY AFTER FAILING TO CLOSE BELOW 9732.

NOW FOR UPTREND TO CONTINUE NIFTY NEEDS TO CLOSE ABOVE 9932 FOR TWO CONSECUTIVE DAYS FOR UPSIDE TARGETS OF 10081/10259/10446/10645/10890.

HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 9732 WILL OPEN DOWNSIDE TARGETS OF 9589/9460/9309/9267/9154.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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