Bulls are back

19 Nov 2015 

Today-Nifty made a low of 7765 and closed around 7842(+110) and made a high of 7755.

What a rally in single day after so many bearish candles.

We prefer to go with buy on dip strategy, however for day traders important levels are 7870. One can look for best opportunity to enter around 7805-7815.

Conclusion: Nifty should touch 7905-7940, till it's trading above 7795 levels.

           …stockstopp(stockstopp@gmail.com)

Nifty struggling to move higher

17 Nov 2015 

Today-Nifty made a high of 7860 and closed around 7837(+31) and made a low of 7793.

Our short-term level 7838 levels hit today.

We prefer to go with buy on dip strategy, however for day traders important levels are 7870. One can look for best opportunity to enter around 7810-7820.

Conclusion: Nifty should touch 7866-7900, till it's trading above 7790 levels.

…stockstopp(stockstopp@gmail.com)

Nifty expiry with no magic move

29 Oct 2015 

Today-Nifty made a high of 8177 and closed around 8111(-66) and made a low of 8098.

Nifty continued moving south even on expiry today, against expectations of expiry spike

We were expecting 8091 in this down move and low hit 8098. However reversal towards 8145-8202-8240 looks possible. FOMC unchanged rates and Rupee has started climbing ladder(which can be concern in mid-term). 

Best entry to can be around 8100-8110.

Conclusion: Anti trending: Nifty should touch 8155-8202-8240, till it's trading above 8078.

 …stockstopp(stockstopp@gmail.com)

Nifty falling knief

25 Aug 2015
Nifty move is just like falling knife, every time you go against trend, you get hurt badly.
Out mid-term level 7940 levels hit today.

We prefer to go sell on rise strategy, however for day traders important levels are 7878. One can look for best opportunity to enter around 7840-7860.
Mid-term we could see further lower levels 7520-7426 after one retracement.

Conclusion: Nifty should touch 7800-7723, till it's trading below 7885 levels.

…stockstopp(stockstopp@gmail.com)

Nifty heading southwards

21 Aug 2015

Nifty heading southwards with rapid speed.
After trading in a range for longer time, Nifty gave a breakdown of 8320.
Now for a mid term we go with sell on rise strategy and look towards 7940 levels, unless 8530 is not taken.

For day traders now some important levels are 8340 and look for best opportunity to short sell around 8295-8320.
Conclusion: Nifty should touch 8224-8200, till it's trading below 8340 levels.
Anti trending: Nifty should touch 8280-8300, till it's trading above 8199.

…stockstopp(stockstopp@gmail.com)

Nifty Dancing

Nifty rocking, hit 8498 -8520 as expected yesterday.

Today-Nifty made a low of 8426 and closed around 8495(+29) and made a high of 8520.

Nifty is moving in tight range of 8430-8530 and giving us a lot of surprises. Again FOMC statements today, should lead volatile movement tomorrow. However we stick to buy on dip for tomorrow expecting further higher levels and keeping tighter stop losses.

One can consider best entry around 8480-8490.

Conclusion: Nifty should touch 8530-8564, till it's trading above 8473 levels.

…stockstopp(stockstopp@gmail.com)

Nifty rocking, hit 8498 -8520 as expected yesterday.

Today-Nifty made a low of 8426 and closed around 8495(29) and made a high of 8520.

Nifty is moving in tight range of 8430-8530 and giving us a lot of surprises. Again FOMC statements today, should lead volatile movement tomorrow. However we stick to buy on dip for tomorrow expecting further higher levels and keeping tighter stop losses.

One can consider best entry around 8480-8490.

Conclusion: Nifty should touch 8530-8564, till it's trading above 8473 levels.

…stockstopp(stockstopp@gmail.com)

Nifty range bound

For 19 Aug 2015

Looking at demand and seriousness of my Nifty view, I will try publish very soon on publich domain. 

Today-Nifty made a high of 8525 and closed around 8466(-11) and made a low of 8434.

Nifty is giving surprises nowadays. We see Nifty in a range bound movement with bullish bias.However we stick to buy on dip for tomorrow expecting further higher levels.

One can consider best entry around 8450-8430.

Conclusion: Nifty should touch 8498-8529, till it's trading above 8415 levels.

…stockstopp(stockstopp@gmail.com)