SMI –2nd December 2013 – Market View

Posted By : Kishore B.S

On Friday, Nifty closed at a high point of the day and indicated a bullish trend. This week we anticipate Nifty to continue its bullish move. Therefore as we recommended on Friday, go long on Nifty keeping a revised stop loss of 6110 & 6080 and a target of 6220 and 6250

Further go long on Bank Nifty if it breaks and sustains the 11,230 levels, keeping a stop loss of 10,970 and a target of 11,600.

Cheers  !!

Team SMI

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