Thursday 9 July 2015

Nifty in slow train

10 Jul 2015

Today-Nifty made a high of 8400 and closed around 8328(-34) and low made 8323.

Nifty traded in range entire day, more of zig zag move. Now we expect nifty to trade zig zag or lower towards 8300 levels. We will go with strategy of buy above breakout.

One should be cautions on Greece and EU and China concern, however gap up and down can be expected tomorrow.

Concluding: Nifty should buy once traded above 8350-8360 levels.

…stockstopp(stockstopp@gmail.com-9320926785)

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