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AS EXPECTED NIFTY COMPLETED ONE DOWNSIDE TARGET AFTER CLOSING BELOW 6200.

NOW TWO CONSECUTIVE NIFTY CLOSE BELOW 5982 WILL OPEN DOWNSIDE TARGETS OF 5908/5840/5780/5730/5651.

HOWEVER THREE CONSECUTIVE NIFTY CLOSE ABOVE 6200 WILL OPEN UPSIDE TARGETS OF 6274/6357/6454/6566/6650.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

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Comment by STOCKSSTAR on November 15, 2010 at 12:00am
Thanks Amit !

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