Hold your long positions with stop at 3210. Readers are advised to adhere to the stop loss levels strictly. TCS is trading below the stoploss level. It is better to close the long positions in TCS, if it still continues to trade below the stoploss. If Nifty trades below 3210, then it has potential of testing 3120 in the downside. In that case, all the individual stocks also will turn weak for the time being, though there is no threat to the higher targets in coming weeks.
If nifty doesn’t break 3210 levels, then it has potential of testing 3400 region before this month end. Readers are advised to be cautious below 3210.
No comments:
Post a Comment
Post your comments