The settlement is expected to end on a cool note without much of a volatility.
The day traders may go long in Nifty if the index trades above 8652 for a target of 8665 and, if it stays above 8665 for a few moments, then they may play it till 8680. On the flip side they may short the Nifty if it trades below 8636 to cover at 8605.
The short term traders may continue to add long positions in Nifty in September series with stop loss at 8550.
The mid term investors may consider adding Ambuja Cement at 264.45 and selling Zee Entertainment at 529.45 and 532.15.
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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