Tuesday 17 November 2015

Nifty struggling to move higher



17 Nov 2015 

Today-Nifty made a high of 7860 and closed around 7837(+31) and made a low of 7793.

Our short-term level 7838 levels hit today.

We prefer to go with buy on dip strategy, however for day traders important levels are 7870. One can look for best opportunity to enter around 7810-7820.

Conclusion: Nifty should touch 7866-7900, till it's trading above 7790 levels.

…stockstopp(stockstopp@gmail.com)

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