NIFTY VIEW @ DECEMBER FOURTH WEEK

[STOCKSSTAR]

AS EXPECTED NIFTY COMPLETED ONE UPSIDE TARGET AFTER CLOSING ABOVE 11153.

NOW FOR UPTREND TO CONTINUE NIFTY NEEDS CLOSE ABOVE 12343 FOR TWO CONSECUTIVE DAYS FOR UPSIDE TARGETS OF 12454/12572/12692/12787/12903.

HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 12233 WILL OPEN DOWNSIDE TARGETS OF 12153/12088/11988/11820/11715.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.