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Last Updated : Aug 19, 2015 08:20 AM IST | Source: Moneycontrol.com

Stay with winners in midcap market

Intraday you may want to trade with bit of stop losses, the Nifty is clearly in a range now 8,300-8,600; 8,450 that 200 day moving average is acting as a support and 8,600 is acting has a resistance.


Pre-market set up on Wednesday morning is looking quite mixed actually. Don’t know how much to read into the data. Short point is that this is the market in which taking aggressive long or short positions may not be in your favour, positional positions that is. Intraday you may want to trade with bit of stop losses, the Nifty is clearly in a range now 8,300-8,600; 8,450 that 200 day moving average is acting as a support and 8,600 is acting has a resistance.

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First Published on Aug 19, 2015 08:20 am
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