The day traders may go long only if the spot Nifty trades above 8545 for a target of 8565. They may short the Nifty if it trades below 8520 to cover at 8495.
The short term traders may go long in Nifty if it weakens with stop loss at 8420.
The mid term investors may consider adding Hindalco at 163.05.
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.
The short term traders may go long in Nifty if it weakens with stop loss at 8420.
The mid term investors may consider adding Hindalco at 163.05.
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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