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NIFTY VIEW @ AUGUST THIRD WEEK
AS EXPECTED NIFTY COMPLETED TWO DOWNSIDE TARGETS AFTER CLOSING BELOW 9971.
NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 9589 WILL OPEN DOWNSIDE TARGETS OF 9460/9309/9267/9154/9036.
HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 9852 WILL OPEN UPSIDE TARGETS OF 9932/10081/10259/10446/10645.
STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.
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