Wednesday 8 July 2015

Nifty , panic fall

9 Jul 2015

Nifty rocking, hit 8408 as expected yesterday.

Today-Nifty made a high of 8457 and closed around 8363(-148) and low made 8341.

We expected nifty to trade lower till 8340 too, however today it also achieved. Now we expect nifty to trade higher till it is above 8310 tomorrow. A good entry point can be 8320-8340 for higher targets. One should be cautions on Greece and EU and China concern, however gap up and down can be expected tomorrow.

Concluding: Nifty should touch 8381- 8414, till it trading above 8310 levels.

…stockstopp(stockstopp@gmail.com-9320926785)

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