UPDATE ON NIFTY SHORT POSITION : REVISED STOP LOSS / TARGETS / 40% BOOK

Positional short recommended above the level of 6000 and added more below the level of 5930 hit target 1 of 5845, can book 40% of the short position at market and hold remaining position with stop loss of 5845 closing basis on nifty spot for targets 5625 and 5410.

IF MARKET MANAGE TO GIVE CLOSING BELOW 5845 TODAY THEN NEXT WEEK FOR SURE WE WOULD BE HITTING LEVEL OF 5645 ON NIFTY SPOT .

THOSE WHO ARE HOLDING POSITIONAL SHORT CAN KEEP A STOP LOSS OF 5845 CLOSING BASIS ON NIFTY SPOT .... AND EVEN FOR THOSE WHO WANT TO TAKE FRESH SHORT HERE

OM SHRI GANESHAYA NAMAH