Thursday 23 July 2015

Tracking nifty is easy?



23 Jul 2015

Nifty rocking, hit 8596 as expected yesterday.

Today-Nifty made a high of 8654 and closed around 8589(-44) and made a low of 8573. 

Looking at current movement of nifty :  we are thinking ...

1)We will go with breakout buy strategy for higher levels and can take position once Nifty crosses 8620 for 8635-8655 and higher levels.. 

2)And secondly we can take high risk reward ration entry by taking entry around 8565-8550 till it is trading above 8515 for higher levels of 8620-8650. 

…stockstopp(stockstopp@gmail.com-9320926785)

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