WEEKLY GAPS tend to continue in the trend of the gap. Unless the gap is filled i would remain a seller on rally if any. Until 8900 not crossed on nifty futures we could head to 8200.
Note
So far the Gap Remains intact.
Trade closed: target reached
Closed short positions and view. Feel a bounce is in offing to 8300-8400 zone where i shall review for fresh shorts.
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