NIFTY EOD Analysis 21 NOV 2013

Standard

Today Big day for bears tapering has given good returns to bears and also directed market into bearish mood.

Tomorrow might not be a trading day. Expecting minor recovery of today’s fall.

Strictly close your long positions if NIFTY touches 6050/6101. Avoid fresh positions.

Lets concentrate on equities for next week.

I am going to take position in Tech Mahindra 1700 call November series.

Expecting good returns.

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