Wednesday, June 16, 2010

NIFTY kisses Value zone briefly.

Low of NIFTY future being 5211 kisses values briefly and is surging ahead. In case there is a strong move in the prevailing hour, instead of missing out entry, place long entry stop orders above 5242.75 Futures with a stop of 5195.

If the trade is not getting filled at the close of this hour, we need to modify entry later.

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