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Derivative report 09 feb
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The nifty future is likely to trade in the range of 5360-5650 level in short term as the OI is added. The trading strategy would be to create long positions if the nifty takes support around 5500 levels for the target of 5550 and 5600. On the other hand, one can also create short positions if the nifty resists around 5630 levels.
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The nifty future is likely to trade in the range of 5360-5650 level in short term as the OI is added. The trading strategy would be to create long positions if the nifty takes support around 5500 levels for the target of 5550 and 5600. On the other hand, one can also create short positions if the nifty resists around 5630 levels.
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