Nifty Futures opened just above 6050 and traded positive. Wanted to go long @ 6058-60 but resisted as IIP data was expected @ 11am. But view was right as NF moved to 6085. After IIP data weakness noticed but could not initiate timely shorts. NF reversed from 6085 to 6045. But both moves were not very big to hurt us. Went long @ 6056. Though slow to start with the "Big" move materialised. Part booked @ 6076 and trailed Stop as usual. NF crossed 6100 and cooled off slowly from 6108 to Stop us out of trade @ 6089.9 and again sharply moved to 6118. We are near previous "Swing High" @ 6120 on NF.
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