Wednesday 5 August 2015

Nifty rocking after RBI policy

For 06 Aug 2015

Nifty rocking, hit 8564 -8591 as expected yesterday.


Today-Nifty made a low of 8548 and closed around 8568(+52) and made a high of 8592.

Today we should go with buy on dip strategy, , looking at current momentum of nifty. However market looks tired, profit booking at higher level should be done. Best entry to can be around 8560-8580.

Conclusion: Nifty should touch 8624-8646, till it's trading above 8555 levels.

…stockstopp(stockstopp@gmail.com)

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