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AS EXPECTED NIFTY COMPLETED ONE DOWNSIDE TARGET AFTER CLOSING BELOW 11720.


NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 11651 WILL OPEN DOWNSIDE TARGETS OF 11555/11444/11335/11215/11080.


HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 11820 WILL OPEN UPSIDE TARGETS OF 11988/12088/12233/11343/12598.


STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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