Dear All, I am always telling that do not hold position in Index - TopicsExpress

Dear All, I am always telling that do not hold position in Index …still thinking that is correct way. FIIare net buyer…..in F&O mean they made hedge the position and cut the long position in cash market. Nifty is trading in flat trend. Nifty Spot if pass 6075, It will be buy with SL of 6060. Target will be 6114/6170. (Next few days) Nifty will be BUY call with SL 6060. Target will be 6100. Buy above 6080. (Spot) Nifty will be SELL Call with SL of 6074 Sell Below 6060 (Spot) Better view will come after few hours with trade page..... Bank Nifty is showing flat view. Buy Bank Nifty above 11200 with SL of 11181 for target of 11390 Sell bank Nifty below 11180 with SL 11200 target is 11000. INR will become weaker. Keep target again 61.30 Dollar looks good for further gain. $ Index = 83.04 /83.34 Target RBI Boss is taking all old age step to prevent INR. It will not work. That can kill India economy but not help either Government or INR. Euro is trading in bearish zone. It will end with 1.3056 Gold has to run further as weaker dollar will help technically. However, it has to trade above 1278 for 1285/1287 1326 will be last run.(Target) Global markets are showing that can come down it will be last run for most of them .....Most of leading world equity market is cap lock with negative line. Mean hardly small run and they will come down. Thanks. Nano Khan

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