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AS EXPECTED NIFTY CONTINUED ITS DOWNTREND AFTER FAILING TO CLOSE ABOVE 11651.


NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 11335 WILL OPEN DOWNSIDE TARGETS OF 11215/11080/11010/10884/10738.


HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 11444 WILL OPEN UPSIDE TARGETS OF 11522/11651/11715/11820/11988.


STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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