Wednesday 22 March 2017

Nifty southwards...



22 Mar 2017
Tuesday-Nifty open 9133.95, made a high of 9147.75 and made a low of 9087.50, closed around 9121.50(-12).

Yesterday our all levels rocked, as mentioned.

Positional: Entire day we could witness selling from higher side, however today one should be on same side. Henceforth 9130-9133  stand as a crucial point for upside and downside towards 9008-8975-8940.

Intraday: Strong resistance can be seen around 9090-9100, which is little difficult to breach, so for the day we will go with sell on rise strategy around 9080-9090 for 9033-9008-8975.

Conclusion: Nifty should touch 9060-9075, till it's trading above 9019 levels and it should touch 9033-9025 till it’s trading below 9118.

…stockstopp(stockstopp@gmail.com)

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