Our recommendation: We recommend to book profit on all longs which we initiated around 6800. We would recommend risky traders to short positional below 7257 or buy above 7488 whichever is first. While safe traders are recommended to short below 7150 and go long above 7500. On the dowside we have targes of 6870 and 6500 and on the upside 7680/8031 Consider closing of Nifty to act upon the levels mentioned
*disclaimer: Trade on my idea at your risk and after due diligence. Refer to disclaimer page on website www.chartechnician.com for more. All the words used are just related to article and doesnt intend to hurt anyone personally.