September 10, 2010

We have a breakout

  • Nifty weekly chart showing a clear breakout above the channel.
  • One can remain long above the channel. 
  • Stop losses can be kept at 5550 or 5530 for positional traders.

1 comment:

  1. Hi, i have 5500 puts would i get exit point for this series? Or i continue it with some average at higher level? What target u see on charts. Nifty 5900 possible?

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