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NIFTY VIEW @ NOVEMBER FIRST WEEK
AS EXPECTED NIFTY COMPLETED TWO UPSIDE TARGETS AFTER CLOSING ABOVE 8066.
NOW TWO CONSECUTIVE NIFTY CLOSE ABOVE 8523 WILL OPEN UPSIDE TARGETS OF 8703/8812/8948/9036/9154.
HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 8178 WILL OPEN DOWNSIDE TARGETS OF 8066/7960/7823/7732/7600.
STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.
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