The day traders may go long in Nifty futures if the spot Nifty trades above 8218 to book profit when the spot Nifty touches 8252. They may short Nifty futures if spot nifty trades below8210 to cover when the pot Nifty is at 8180.
The resistance is now at 8337 and support at 8145. The short term traders may trade accordingly.
The mid term investors may consider going long in LIC housing finance with stop loss at 558 for a target of 589.15.
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