Morning update Tue, 3rd Feb:

Yesterday it was mentioned to book good profits in shorts / PE at EOD. Today, expect a flat or slightly +ve open and the traders should try intra-day trades for small gains only. There are strong chances for a small bounce and nifty may try to regain y’day losses as well retain levels till Wed noon. The traders may try intra-day longs with close SL till Wed noon.

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