The Nifty has improved and off the day's low, now is it time for going long.I would not recommend it as yet.There are quite a few variables in this market, and we need to wait and watch as to what the afternoon and Europe will bring into play.However for a safe trader the levels given below would be the indicator to follow and make some money with minimum risk.
Buy above 6785 Target1 - 6820 Target2 - 6835 Target3 6850 Target4 - 6865 Target5 - 6890 Target6 - 6895 Target7 - 6910 Target8 - 6925 ........S/L 6780 or Day's Low
The trend is still up and the correction should get over soon enough.
* values are NF.
Buy above 6785 Target1 - 6820 Target2 - 6835 Target3 6850 Target4 - 6865 Target5 - 6890 Target6 - 6895 Target7 - 6910 Target8 - 6925 ........S/L 6780 or Day's Low
The trend is still up and the correction should get over soon enough.
* values are NF.