Thursday 30 March 2017

Nifty planning for storm?



30 Mar 2017
Wednesday-Nifty open 9128, made a low of 9109.10 and made a high of 9152, closed around 9143(+15), movement of only 43 points only.

Yesterday our all levels rocked, as mentioned. All positional levels rocked too.

Our statement ‘table tennis movement between 9160-9060’, is still valid. However we can still focus on our entry and exit.

For positional, we bought around 9030 and today we are booking around 9165. Now again a difficult time to project levels, however we will suggest sell on rise strategy around 9165 for lower levels 9120-9080 and lower.

Now one has to follow price behavior, and sometimes it changes very fast. Now we also change with them, it is simple :). Looking at complex structure, we will sell on rise around 9165-9180.

Conclusion: Nifty should touch 9121-9080, till it's trading below 9191 levels.
 …stockstopp(stockstopp@gmail.com)

Tuesday 28 March 2017

Crude ready to take reversal



28 Mar 2017

Monday-WTI Crude opened $48.12, made a high of $48.13 and low of $47.08 and closed around $47.86(-00.26).

Medium term view- Crude should have touched $56 which got missed by $2. It has created a doubt in mind about upside still pending, however we maintain our bullish view intact towards $54.50-$56.70-$62.20 unless $43 is breached. We will consider to re-enter around $47-$46.50 levels for targeted levels, aggressive traders can take entry anywhere near $47. Recently entry has triggered and we would be riding wave now.

Crude is continuously trading lower from a week, however $47-$47.50, is acting a strong support. However we would trade with buy on dip strategy for the day. And close above $48.20 and $48.40 would confirm, short term reversal sign towards $49 and higher.

Conclusion: WTI Crude should touch 48.40-48.75, till it's trading above 47.80 levels.
…stockstopp(stockstopp@gmail.com)

Monday 27 March 2017

Wanna dare to buy

27 Mar 2017

Friday-Nifty open 910, made a high of 9133.55 and made a low of 9089.40, closed around 9108(+4).

Yesterday our all levels rocked, as mentioned, to the point.

Our statement ‘table tennis movement between 9160-9060, it is at a level where by one needs more clarity, and though do not be surprised for sudden moves’, came to be true. However we can still focus on our entry and exit.

For positional one has to be little bold, can go long in nifty around 9030-9040 unless 9015 not breached for higher levels of 9130-9160 and higher.

Now one has to follow price behavior, and sometimes it changes very fast. Now we also change with them, it is simple :). Looking at complex structure we will buy on dips towards 9048-9040.

Conclusion: Nifty should touch 9105-9130, till it's trading above 9033 levels.
…stockstopp(stockstopp@gmail.com)

Friday 24 March 2017

Crude bearish move



24 Mar 2017

Thursday - WTI Crude opened 48.38, made a high of $48.48 and low of $47.58 and closed around day’s low to $47.63(00.75).

Medium term view- Crude should have touched 56 which got missed by $2. It has created a doubt in mind about upside still pending, however we maintain our bullish view intact towards $54.50-$56.70-$62.20 unless $43 is breached. We will consider to re-enter around $47-$46.50 levels for targeted levels, aggressive traders can take entry anywhere near $47.

Crude is continuously trading lower from a week, strong support of dead see can be seen around 47-46.50 levels. For the day 47.95-47.90 should act a resistance.

Conclusion: WTI Crude should touch 47.40-47.03, till it's trading below 48.50 levels.
…stockstopp(stockstopp@gmail.com)

Nifty confusing you



23 Mar 2017

Wednesday-Nifty open 9048.75, made a low of 9048.60 and made a high of 9099, closed around high to 9086.30(+38).

Yesterday our all levels rocked, as mentioned, entry missed.

Now what next, we see nifty table tennis movement between 9160-9060, it is at a level where by one needs
more clarity, and though do not be surprised for sudden moves. However we can still focus on our entry and exit.

Now one has to follow price behavior, and sometimes it changes very fast. Now we also change with them, it is simple :). Looking at complex structure we will buy on dips towards 9000-9105 and sell on rise towards 9130-9135 levels.

Conclusion: Nifty should touch 9135, till it's trading above 9087 levels.

…stockstopp(stockstopp@gmail.com)

Thursday 23 March 2017

Nifty not a easy game...



23 Mar 2017
Wednesday-Nifty open 9047.20, made a high of 9072.90 and made a low of 9019.40, closed around low to 9030.45(-17).

Yesterday our all levels rocked, as mentioned.

Positional: Although some weakness is seen, entry and exit are the most important part of trading. Henceforth 9130-9133 stands as a crucial point for upside and downside towards 9008-8975-8940-8760-8680, our earlier targets of 9020 hit yesterday. One should mark 9100 levels for re-entry.

We believe in extensive research, sometimes it becomes difficult to come with conclusion. We might see gap filling upto 9087 and may trade little higher, however it would be great if it comes once again towards 9019 J or give lower closing towards 9040.

Looking at complex structure we will buy on dips towards 9030-9040 and sell on rise towards 9095-9100 levels. Sometimes one might find little difficulty understanding our statements, we suggest reading at least twice &regularly, to understand our way of writing.

Conclusion: Nifty should touch 9087-9100, till it's trading above 9025 levels and it should touch 9019 till it’s trading below 9118.

…stockstopp(stockstopp@gmail.com)