Tuesday 7 March 2017

Nifty calm and in favor with bulls

Monday-Nifty made a low of 8915 and made a high of 8968 and closed around 8963.45(+49).

Yesterday our all levels rocked, as mentioned.

Some tiredness is seen in nifty stocks, making nifty lazy mover. Sudden bearish and sudden bullish momentum ahead is not yet witnessed. Nifty should maintain its pace, slow and steady,

One should sell on rise around 8960-8970 for move towards 8935-8920 and buy around 8920-8930 for higher side. However for bulls important level are 8910.

Conclusion: Nifty should touch 8925-8935, till it's trading below 8980 levels.

          …stockstopp(stockstopp@gmail.com)

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