29 Oct 2015
Today-Nifty made a high of 8177 and
closed around 8111(-66) and made a low of 8098.
Nifty continued moving south even
on expiry today, against expectations of expiry spike
We were expecting 8091 in this down
move and low hit 8098. However reversal towards 8145-8202-8240 looks possible.
FOMC unchanged rates and Rupee has started climbing ladder(which can be concern
in mid-term).
Best entry to can be around 8100-8110.
Conclusion: Anti trending: Nifty
should touch 8155-8202-8240, till it's trading above 8078.
…stockstopp(stockstopp@gmail.com)
