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 ®ularly, 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)
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