21 Aug 2015
Nifty heading southwards with rapid speed.
After trading in a range for longer time, Nifty gave a breakdown of 8320.
Now for a mid term we go with sell on rise strategy and look towards 7940 levels, unless 8530 is not taken.
For day traders now some important levels are 8340 and look for best opportunity to short sell around 8295-8320.
Conclusion: Nifty should touch 8224-8200, till it's trading below 8340 levels.
Anti trending: Nifty should touch 8280-8300, till it's trading above 8199.
…stockstopp(stockstopp@gmail.com)
Nifty heading southwards with rapid speed.
After trading in a range for longer time, Nifty gave a breakdown of 8320.
Now for a mid term we go with sell on rise strategy and look towards 7940 levels, unless 8530 is not taken.
For day traders now some important levels are 8340 and look for best opportunity to short sell around 8295-8320.
Conclusion: Nifty should touch 8224-8200, till it's trading below 8340 levels.
Anti trending: Nifty should touch 8280-8300, till it's trading above 8199.
…stockstopp(stockstopp@gmail.com)
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