NIfty 16260 say trendline breakout on future, RSI and MFI.

Hold / add hedged longs above 16250, breakout on price, RSI and MFI too. Significant improvement in breadth too.

There may not be sharp up move on fuel price cut and other inflation control measures, but high probability it will strengthen Auto stocks further. Keep an eye on that space.

Hedged positions only, Friday low strict stop loss even for hedged positions.