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AS EXPECTED NIFTY COMPLETED ONE DOWNSIDE TARGET AFTER CLOSING BELOW 5780.

NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 5840 WILL OPEN DOWNSIDE TARGETS OF 5780/5730/5651/5555/5431.

HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 5982 WILL OPEN UPSIDE TARGETS OF 6042/6111/6200/6274/6357.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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