Nifty has managed not only to cross and close above it resistance line but also the 3 months average price. This was being tested for quiet some time in the last few days.More positive triggeres for market to continue this rally... crude near 118$ and below that would be good for further fall. All global markets are positive.
As mentioned earlier above 4520 we can buy alot of stocks and hold for short term.
If nifty reverses from here we could see major selling and stocks getting beaten up. So safe to use stop loss for all trades.
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