27 Mar 2017
Friday-Nifty open 910, made a high of 9133.55 and made a low of 9089.40, closed around 9108(+4).
Yesterday our all levels rocked, as mentioned, to the point.
Our statement ‘table tennis movement between 9160-9060, it is at a level where by one needs more clarity, and though do not be surprised for sudden moves’, came to be true. However we can still focus on our entry and exit.
For positional one has to be little bold, can go long in nifty around 9030-9040 unless 9015 not breached for higher levels of 9130-9160 and higher.
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 buy on dips towards 9048-9040.
Conclusion: Nifty should touch 9105-9130, till it's trading above 9033 levels.
Friday-Nifty open 910, made a high of 9133.55 and made a low of 9089.40, closed around 9108(+4).
Yesterday our all levels rocked, as mentioned, to the point.
Our statement ‘table tennis movement between 9160-9060, it is at a level where by one needs more clarity, and though do not be surprised for sudden moves’, came to be true. However we can still focus on our entry and exit.
For positional one has to be little bold, can go long in nifty around 9030-9040 unless 9015 not breached for higher levels of 9130-9160 and higher.
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 buy on dips towards 9048-9040.
Conclusion: Nifty should touch 9105-9130, till it's trading above 9033 levels.
…stockstopp(stockstopp@gmail.com)
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