Thursday 19 November 2015

Bulls are back



19 Nov 2015 

Today-Nifty made a low of 7765 and closed around 7842(+110) and made a high of 7755.

What a rally in single day after so many bearish candles.

We prefer to go with buy on dip strategy, however for day traders important levels are 7870. One can look for best opportunity to enter around 7805-7815.

Conclusion: Nifty should touch 7905-7940, till it's trading above 7795 levels.


           …stockstopp(stockstopp@gmail.com)

Tuesday 17 November 2015

Nifty struggling to move higher



17 Nov 2015 

Today-Nifty made a high of 7860 and closed around 7837(+31) and made a low of 7793.

Our short-term level 7838 levels hit today.

We prefer to go with buy on dip strategy, however for day traders important levels are 7870. One can look for best opportunity to enter around 7810-7820.

Conclusion: Nifty should touch 7866-7900, till it's trading above 7790 levels.

…stockstopp(stockstopp@gmail.com)