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AS EXPECTED NIFTY CONTINUED ITS DOWNTREND AFTER FAILING TO CLOSE ABOVE 11335 FOR THREE CONSECUTIVE DAYS.


NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 11152 WILL OPEN DOWNSIDE TARGETS OF 10999/10884/10738/10645/10575.


HOWEVER, THREE CONSECUTIVE NIFTY CLOSE ABOVE 11215 WILL OPEN UPSIDE TARGETS OF 11335/11444/11543/11651/11715.


STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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