Monday, 1 December 2014

NIFTY view for 1st December 2014

Nifty: In a new high territory; Trade with trailing stop loss

(8588.25)
As expected the Nifty higher in Friday’s session. It was consolidating before which gave an indication of a good bullish up move. We are in new high territory, the best way to trade this market is to have a trailing stop loss. Have a positive bias until  trade above 8510.
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