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Making money as a bull looks difficult. No Stability at higher levels. Again saying it is not reacting as a bull market. Looks more downside (03 June)
Looking for a lower low in Nifty... Previous low is 7997.15.
Sell CIPLA positional sl 700 strict target 620 cmp 675.
Get ready for bears attack today.... Sell ICICI BANK future sl 323 cmp 318.
In short term We are looking for lower levels in some selected stocks. 8450 looks important resistance for Nifty.
LONG TERM VIEW
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Disclaimer:- The calls made herein are for intraday and short term trading with strict stop losses. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. I do not accept any liability for the use of this column. Readers of this column who trade securities based on the information in this column are solely responsible for their actions. And author won't be liable or responsible for any legal or financial losses made by anyone.