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AS EXPECTED NIFTY CONTINUED ITS DOWNTREND AFTER FAILING TO CLOSE ABOVE 11444 FOR THREE CONSECUTIVE DAYS.


NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 11335 WILL OPEN DOWNSIDE TARGETS OF 11215/11152/11080/10999/10884.


HOWEVER, THREE CONSECUTIVE NIFTY CLOSE ABOVE 11543 WILL OPEN UPSIDE TARGETS OF 11651/11715/11820/11988/12088.


STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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