Indian market recovers from lower level

Our subscribers took short positions in Nifty @ 17700 & Bank Nifty @ 39200 on 26 August 2022 (last Friday). Covered this short position (Nifty @ 17275 & Bank Nifty @ 38150 & went long on 29 August 2022 (yesterday). Booked 50% profit in long position today (Nifty @ 17840 & Bank Nifty @ 39750). Holding remaining 50% long position for Thursday’s opening.

On Monday, it was advised to long SBI, TATA MOTORS, MARUTI, HDFC BANK, ICICI BANK, M&M, HDFC LIFE, ADANI PORT and KOTAK MAHINDRA BANK. Booked profit in the above stocks today.