For 07 Aug 2015
Nifty rocking, hit 8606.
Today-Nifty made a low of 8552 and closed around 8588(+20) and made a high of 8606.
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, keeping aggressive sl of 8570. Best entry to can be around 8580-8600. Volatility can be expected today.
Conclusion: Nifty should touch 8624-8646, till it's trading above 8548 levels.
…stockstopp(stockstopp@gmail.com)
Nifty rocking, hit 8606.
Today-Nifty made a low of 8552 and closed around 8588(+20) and made a high of 8606.
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, keeping aggressive sl of 8570. Best entry to can be around 8580-8600. Volatility can be expected today.
Conclusion: Nifty should touch 8624-8646, till it's trading above 8548 levels.
…stockstopp(stockstopp@gmail.com)
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