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AS EXPECTED NIFTY CONTINUED ITS UPWARD JOURNEY AFTER FAILING TO CLOSE BELOW 9932.


NOW FOR UPTREND TO CONTINUE NIFTY NEEDS TO CLOSE ABOVE 10259 FOR TWO CONSECUTIVE DAYS FOR UPSIDE TARGETS OF 10446/10645/10738/10884/10972.


HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 10081 WILL OPEN DOWNSIDE TARGETS OF 9932/9852/9732/9589/9460.


STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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