Nifty slow but beautiful

12 Apr 2017

Tuesday-Nifty open 9188, made a low of 9174.45 and made a high of 9242.55, closed around 9237(+49), movement of only 68 points, little more than yesterday.

For positional, looking at table tennis momentum of nifty although it is confusing, however we would cover our shorts around 9160-9150, and buy around 9140-9152 for higher levels of 9246-9275-9302, unless it closes below 9140.

Little late to give view today, we were having very strong point 9246, which did not breach and nifty made a new low. 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 around 9160-9150.

Conclusion: Nifty should touch 9212-9236, till it's trading above 9138 levels.
 …stockstopp(stockstopp@gmail.com)

Nifty relaxing or someone selling

07 Apr 2017

Thursday-Nifty open 9243, made a low of 9219.05 and made a high of 9267, closed around 9262(+19), movement of only 48 points only.

For positional, looking at slow momentum of nifty and no major events, it is confusing, however we would go with sell on strategy for lower levels of 9191-9170-9105-9080, unless closing above 9275 and close below 9220 should confirm this.

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 9240-9246.

Conclusion: Nifty should touch 9219-9191, till it's trading below 9268 levels.
  ...stockstopp(stockstopp@gmail.com)