- Posted by Alpesh Vora
- On July 12, 2017
- 0 Comments
NIFTY Future is in highly overbought situation on daily, weekly as well as monthly chart. We are still positive on NIFTY however at the same time we recommend to buy NIFTY only on dips running correction. We have given target of 9830 and yesterday NIFTY Future has made high of 9829 so now its time to have patience to wait for correction and then enter long. Buy NIFTY at a level of 9725 for the target of 9825 and 9854 respectively. Keep a strict stop loss of 9680.
Buy NIFTY BANK at a level of 23,500 for the target of 23,650 and 23,800 respectively. Keep a strict stop loss of 23,350.
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