July 12, 2012

Nifty Update - 12th July 2012


Nifty Future daily chart above

No change from yesterday reading. The profit booking kicked in early it seems. Profit booking happened by itself for us due to trailing stop loss. Sitting out at present
 
If any traders holding longs, hold it with yesterday lows as stop loss 5312.

Next move is important for market. Any breakout from here will result in 100 points move.

Seems like stock specific days are here again as lot of happening in midcap segment. 


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