Yesterday was a trend - changer day in the markets and now the markets are very close to the targets of 40500/11900 given in this column only recently.
Going forward, the SL levels are modified to 39878/11700, and the targets updated to 41240/12100.
We will continue to see bouts of volatility in the run-up to the targets of 40500-41240/11900-12100. We added NIFTY Puts yesterday and now we have more stock-specific longs as against NIFTY longs.
|Date||4 Nov 20|