The intraday traders may go long if the Nifty trades above 7135 with stop loss at 7114 & book successive profits at 7162 & 7183. They may short Nifty if it trades below 7107 to book profits at 7092, 7077 & 7063 with stop loss at 7120.
Short-term traders may go long if it weakens down to around 7030- 7045 levels with stop loss at 7010. They may short the Nifty if it flares up at around 7225 - 7250 levels.
Mid-term investors may continue selling the non performers in their portfolio.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)
Short-term traders may go long if it weakens down to around 7030- 7045 levels with stop loss at 7010. They may short the Nifty if it flares up at around 7225 - 7250 levels.
Mid-term investors may continue selling the non performers in their portfolio.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
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