The near to short term trend remains clearly upwards. Remain long, add to your longs. Conservative traders can keep a closing SL at 30738/8988.
However, do not forget that we are in a bear market rally. Bear market rallies can be very sharp-strong and can make a trader forget that he is in a bear market before catching him off-guard. Avoid trading in stocks outside the F&O universe and keep SL at the stock level as well as at the Sensex/Nifty level.
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