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Just curious - Are you suggesting both 5400 / 5500+ and downward price action at the same time?
ReplyDeleteNext month we will cross 5500 level for sure, as of now we are into correction phase, will drag NIFTY to 5230-5185 level.
ReplyDelete5221 is MONTHLY U-TURN level(so this month we won't go below 5220 level). SL for LONGS - 5220(closing basis)
Best strategy till JULY:
Go LONG around 5230 SL-5220(closing basis) for TARGET 5550+