Market is in corrective mode. Do not take any fresh long positions.
Any positions you are already holding, follow strict stop losses
and wait for the dip to buy at lower levels.
You can short Nifty @ 6030-6040
Stop loss - 6060
Target - 6000, 5980, 5950
Duration - 1 to 3 days
You can see Mcleod Russel melting.
Sell Karnataka Bank @ 154-155
Stop - 158
Target - 150, 140, 120
Any positions you are already holding, follow strict stop losses
and wait for the dip to buy at lower levels.
You can short Nifty @ 6030-6040
Stop loss - 6060
Target - 6000, 5980, 5950
Duration - 1 to 3 days
You can see Mcleod Russel melting.
Sell Karnataka Bank @ 154-155
Stop - 158
Target - 150, 140, 120
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