The Nifty continues in its upwards journey very much in expected lines and there is a little more headroom left with resistances at 9034, 9054, 9077 and 9110.
However, the day traders may trade long only if it trades above 8980 and open fresh longs only if it sustains above 9000 with stop loss at 8980.
The short term traders may continue to ride longs and raise their trailing stop loss to 8932.
The mid-term investors may get rid of all non-performers in their portfolio, i.e. sell all the stocks held by them that are still running at loss or have not yielded profits in these times when Nifty his hitting new all time highs.
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