20 Jul 2015
Nifty rocking, hit 8629-8641 as expected yesterday.
Today-Nifty made a low of 8593 and closed around 8609(+2) and high made 8643.
Nifty is moving in overbought zone and one can expect selling form higher levels, we book our profits on higher levels or keep strict trailing stop loss. It is time to book profits and hold with less risk. However one can hold Nifty for higher levels of 8650.
Conclusion: Nifty should touch 8650-8715, till it's trading above 8588 levels and book profits on target levels.
…stockstopp(stockstopp@gmail.com-9320926785)
Nifty rocking, hit 8629-8641 as expected yesterday.
Today-Nifty made a low of 8593 and closed around 8609(+2) and high made 8643.
Nifty is moving in overbought zone and one can expect selling form higher levels, we book our profits on higher levels or keep strict trailing stop loss. It is time to book profits and hold with less risk. However one can hold Nifty for higher levels of 8650.
Conclusion: Nifty should touch 8650-8715, till it's trading above 8588 levels and book profits on target levels.
…stockstopp(stockstopp@gmail.com-9320926785)
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