NIFTY VIEW @ SEPTEMBER SECOND WEEK

[STOCKSSTAR]

 

AS EXPECTED NIFTY COMPLETED TWO UPSIDE TARGETS AFTER CLOSING ABOVE 4884.

 
NOW TWO CONSECUTIVE NIFTY CLOSE ABOVE 5161 WILL OPEN UPSIDE TARGETS OF 5227/5322/5431/5555/5651.

HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 4940 WILL OPEN DOWNSIDE TARGETS OF 4884/4724/4627/4547/4444.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.