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)
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