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NIFTY VIEW @ DECEMBER SECOND WEEK
AS EXPECTED NIFTY STARTED ITS DOWNTREND AFTER FAILING TO CLOSE ABOVE 12153.
NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 11820 WILL OPEN DOWNSIDE TARGETS OF 11715/11651/11522/11444/11335.
HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 11988 WILL OPEN UPSIDE TARGETS OF 12088/12233/12454/12572/12787.
STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.
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