3 Jul 2015
Today-Nifty made a high of 8480 and closed around 8444(-8)
and low made 8433. It was more of sideways market after making high in the
morning.
High volatility is expected because of international events
till 5 July 2015.
We expect nifty to trade higher till 8411 is not breached
tomorrow. However market is overbought and selling pressure in intraday cannot
be ignored and one should go with buy in dip strategy to avoid higher point
entry.
A good entry point can be 8420-8415 for higher targets.
Concluding: Nifty should touch 8460-8504 unless it breaches
8411.
…stockstopp(stockstopp@gmail.com-9320926785)
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