NIFTY VIEW @ DECEMBER THIRD WEEK

[STOCKSSTAR]

AS EXPECTED NIFTY COMPLETED TWO UPSIDE TARGETS AFTER CLOSING ABOVE 13349.

NOW FOR UPTREND TO CONTINUE NIFTY NEEDS CLOSE ABOVE 13551 FOR TWO CONSECUTIVE DAYS FOR UPSIDE TARGETS OF 13666/13788/13885/13980/14134.

HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 13440 WILL OPEN DOWNSIDE TARGETS OF 13349/13258/13121/13007/12903.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.