Nifty as on 19th Feb’13 – 5960

As expected yesterday, Nifty moved higher, but it happened in last two hours.  Anyways, we are long in Nifty.  Today, I got one signal and now I am waiting for next confirmation to come above 5980 (close), where I would like to add on long position with stop loss near today’s low of 5885.  Still I am cautious and we’ll see for tomorrow’s price action.

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