21 Jul 2015
Today-Nifty made a low of 8559 and closed around 8603(-6)
and high made 8623.
Nifty is moving in overbought zone and one can expect
selling form higher levels, we have already booked our profits on higher levels.
However we will go with sell on rise strategy for lower levels.
Best entry to
sell can be 8620-8640. Since we are waiting for confirmation, one can go with
lighter position to maintain risk.
Conclusion: Nifty should touch 8560-8486, till it's trading
below 8655 levels.
…stockstopp(stockstopp@gmail.com-9320926785)
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