With the targets of 42289 and 12370 also done, the next targets for the markets are 43008 and 12583.
The Sensex and the Nifty are indeed in a breakout zone and we could possibly see Newer All-Time Highs for quite some days,
but we are trying to not go overboard and set up ourselves as the fall-guy when the tide begins to turn.
Take the markets, one level at a time and keep a tight SL
Keep a closing SL at 41990/12306 on all long positions and ride this rally till 43008/12583.
We will relook at the markets and recalibrate our positions at either 42645/12475 or at 42264/12377.
|Date||10 Nov 20|