For 05 Aug 2015
Nifty rocking, hit
8564 as expected yesterday.
Today-Nifty was having volatile session, made a high of 8564
and closed around 8517(-26) and made a low of 8449.
Today volatile session due to rate cut decision by RBI, made
a little confuse, however one should go with buy on dip for higher
levels(8598), looking at current momentum of nifty.
Since we are waiting for confirmation, one can go with
lighter position to maintain risk.
Best entry to can be around 8510-8530.
Conclusion: Nifty should touch 8564-8598, till it's trading
above 8478 levels.
…stockstopp(stockstopp@gmail.com)
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