 "buy, sell, stocks, share")
Remain long in Nifty with the stop loss of 12,000; Target 12,400
After a minor profit booking on Monday, the Nifty resumed its uptrend yesterday by rising 111 points to close at all time high level, surpassing the previous all-time high closing level of 12,151, registered on November 28.
The Nifty is now placed above all important moving average parameters. Short-term oscillators like DMI and RSI have turned bullish. Earlier resistance of 12,000 will now interchange its role as a support
In the derivatives’ segment, we have seen long buildup in the Nifty Futures’ during the last few days. Amongst the Options, we
