Nifty , panic fall

9 Jul 2015

Nifty rocking, hit 8408 as expected yesterday.

Today-Nifty made a high of 8457 and closed around 8363(-148) and low made 8341.

We expected nifty to trade lower till 8340 too, however today it also achieved. Now we expect nifty to trade higher till it is above 8310 tomorrow. A good entry point can be 8320-8340 for higher targets. One should be cautions on Greece and EU and China concern, however gap up and down can be expected tomorrow.

Concluding: Nifty should touch 8381- 8414, till it trading above 8310 levels.

…stockstopp(stockstopp@gmail.com-9320926785)

Nifty dancing

8 Jul 2015

Nifty rocking, hit 8543-8560 as expected yesterday.

Today-Nifty made a high of 8361 and closed around 8510(-11) and low made 8483.

After booking profits, we expect nifty to trade lower till 8532 is not breached tomorrow. A good entry point can be 8500-8515 for lower targets. One should be cautions on Greece and EU concern, however gap up and down can be expected tomorrow.

Concluding: Nifty should touch 8440-8408 till it trading below 8532 levels.

…stockstopp(stockstopp@gmail.com-9320926785)

Nifty's Surprise move

7 Jul 2015

Nifty gave surprise today, one way reversal in intraday even after opening gap down.

Today-Nifty made a low of 8386 and closed around 8522(+37) and high made 8532.

We expect nifty to trade higher till 8479 is not breached tomorrow. However market is overbought and selling pressure in intraday is expected and one should go with exit in long strategy (book profits). A good entry point can be 8500-8515 for higher targets.

Concluding: Nifty should touch 8543-8560-8631 till it trading above 8479 levels.

…stockstopp(stockstopp@gmail.com-9320926785)

Nifty touched 8499

6 Jul 2015

Nifty rocking , as we expected yesterday.!!

Today-Nifty made a high of 8497 and closed around 8484(+40) and low made 8460.

High volatility is expected on Monday, as Greece outcome should be clear by Sunday night. Gap up and Gap down can be expected too.

We expect nifty to trade higher till 8457 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 8470-8490 for higher targets.

Concluding: Nifty should touch 8517-8546-8616 unless it breaches 8457.

…stockstopp(stockstopp@gmail.com-9320926785)

USDINR on bearish side

3 Jul 2015

USDINR

Today - USDINR made a high of 63.65 and closed around 63.40(-0.25) and low made 63.40.

It is trading with negative bias and close below 63.35 would take prices further downside.

High volatility is expected because of international events till 5 July 2015. 

We expect USDINR to trade lower till 63.91 is not breached. For time being we will go with sell on rise strategy. A good entry point can be 63.60-63.50 for lower targets.

Concluding: USDINR should touch 63.05-63.20 unless it breaches 63.90.

…stockstopp(stockstopp@gmail.com-9320926785)

Nifty took rest today

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)

Nifty rocking 8470

2 Jul 2015
Nifty rocking , as we expected yesterday.!!

Today-Nifty made a low of 8370 and closed around 8453(+77) and high made 8474.

Long time waited target of 8470 hit.

High volatility is expected because of international events till 5 July 2015.
However, We expect nifty to trade higher till 8432 is not breached tomorrow. We had initiated Buy from 7980 and target was 8470, which got hit. We expect partially booking at these levels too. Since 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 8400-8430 for higher targets.


Concluding: Nifty should touch 8504-8616 unless it breaches 8399.

…stockstopp(stockstopp@gmail.com-9320926785)