Tuesday 21 March 2017

Nifty slow and moving



21 Mar 2017

Tuesday-Nifty open 9162.50, made a high of 9167.70 and made a low of 9116, closed around 9127(-35).

Yesterday our all levels rocked, as mentioned.

Entire day we could witness selling from higher side, however today one should be on same side on conservative basis. Henceforth 9169-9175  stand as a crucial point for upside.

Strong resistance can be seen around 9169, which is little difficult to breach, so for the day we will go with sell on rise strategy around 9155-9160 for 9116-9105-9080.

Conclusion: Nifty should touch 9116-9105, till it's trading below 9175 levels.
…stockstopp(stockstopp@gmail.com)

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