The markets showed some signs of stabilizing on Friday and a near term bottom seems to be in place.
While the cues from SGX Nifty point to a lower opening this morning, aggressive traders can remain long/go long with a trailing SL at 32079/9364.
Upsides, for now, seems to be capped at ~34553/10086.
The long term trend continues to remain down - investors still have to wait, patiently before committing long term funds in this market.
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