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AS EXPECTED NIFTY COMPLETED TWO DOWNSIDE TARGETS AFTER CLOSING BELOW 5011. 

 
NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 4724 WILL OPEN DOWNSIDE TARGETS OF 4627/4547/4444/4357/4244.


HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 4940 WILL OPEN UPSIDE TARGETS OF 5011/5161/5227/5322/5431.  


STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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