NIFTY FUTURES : We reiterate our buy on dips approach while keeping focus on stock selection till consolidation continues.

NIFTY FUTURES

Last close 11410.90

Our markets are following the global trend and the current sell off is all over the world. Keep on switching positions from a bull to a bear and vice versa following the levels. Yesterday Nifty futures traded and settled lower, in absence of any major trigger. Again, it was stock specific move which helped traders to some extent. We reiterate our buy on dips approach while keeping focus on stock selection till consolidation continues. One can remain long keeping stop loss of 10354 for an upper target of 11460, if manages to cross over will take this to 11497 mark..!!!