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Thursday, 29 August 2013

Nifty update


Yesterday our longs got triggered at 5133 and today we have achieved our 2nd target of 5385. We have booked partially @ 5385 and holding the rest quantity with TSL @ 5285 on closing basis.


We will initiate buying puts around 5433-5488 levels as this area would be bringing some difficulties for nifty with stop-loss @ 5500  on closing basis.

Here is the updated chart.....



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