The settlement is due tomorrow and as the war lines are drawn between the bulls and the bears, which way the Camel will tumble is yet unknown.
The intra-day traders may go long if the Nifty trades above 7455 to book profits at 7470. However, if it trades below 7432 then they may play it on the short side to get out at 7412.
The short-term traders may keep their stop loss at 7435 as advocated in our previous post.
The mid term investors may go on considering adding Asian paints at 844.11 and Nifty BeES at 744.11.
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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