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AS EXPECTED NIFTY CONTINUED ITS UPWARD JOURNEY AFTER FAILING TO CLOSE BELOW 10466.


NOW FOR UPTREND TO CONTINUE NIFTY NEEDS TO CLOSE ABOVE 10645 FOR TWO CONSECUTIVE DAYS FOR UPSIDE TARGETS OF 10738/10884/10972/11152/11215.


HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 10446 WILL OPEN DOWNSIDE TARGETS OF 10387/10259/10187/10081/9932.


STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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