Nifty falling knief

25 Aug 2015
Nifty move is just like falling knife, every time you go against trend, you get hurt badly.
Out mid-term level 7940 levels hit today.

We prefer to go sell on rise strategy, however for day traders important levels are 7878. One can look for best opportunity to enter around 7840-7860.
Mid-term we could see further lower levels 7520-7426 after one retracement.

Conclusion: Nifty should touch 7800-7723, till it's trading below 7885 levels.

…stockstopp(stockstopp@gmail.com)

Nifty heading southwards

21 Aug 2015

Nifty heading southwards with rapid speed.
After trading in a range for longer time, Nifty gave a breakdown of 8320.
Now for a mid term we go with sell on rise strategy and look towards 7940 levels, unless 8530 is not taken.

For day traders now some important levels are 8340 and look for best opportunity to short sell around 8295-8320.
Conclusion: Nifty should touch 8224-8200, till it's trading below 8340 levels.
Anti trending: Nifty should touch 8280-8300, till it's trading above 8199.

…stockstopp(stockstopp@gmail.com)

Nifty Dancing

Nifty rocking, hit 8498 -8520 as expected yesterday.

Today-Nifty made a low of 8426 and closed around 8495(+29) and made a high of 8520.

Nifty is moving in tight range of 8430-8530 and giving us a lot of surprises. Again FOMC statements today, should lead volatile movement tomorrow. However we stick to buy on dip for tomorrow expecting further higher levels and keeping tighter stop losses.

One can consider best entry around 8480-8490.

Conclusion: Nifty should touch 8530-8564, till it's trading above 8473 levels.

…stockstopp(stockstopp@gmail.com)

Nifty rocking, hit 8498 -8520 as expected yesterday.

Today-Nifty made a low of 8426 and closed around 8495(29) and made a high of 8520.

Nifty is moving in tight range of 8430-8530 and giving us a lot of surprises. Again FOMC statements today, should lead volatile movement tomorrow. However we stick to buy on dip for tomorrow expecting further higher levels and keeping tighter stop losses.

One can consider best entry around 8480-8490.

Conclusion: Nifty should touch 8530-8564, till it's trading above 8473 levels.

…stockstopp(stockstopp@gmail.com)

Nifty range bound

For 19 Aug 2015

Looking at demand and seriousness of my Nifty view, I will try publish very soon on publich domain. 

Today-Nifty made a high of 8525 and closed around 8466(-11) and made a low of 8434.

Nifty is giving surprises nowadays. We see Nifty in a range bound movement with bullish bias.However we stick to buy on dip for tomorrow expecting further higher levels.

One can consider best entry around 8450-8430.

Conclusion: Nifty should touch 8498-8529, till it's trading above 8415 levels.

…stockstopp(stockstopp@gmail.com)

Nifty in bear grip

For 13 Aug 2015

Today-Nifty made a high of 8447 and closed around 8349(-113) and made a low of 8338.

Nifty is making lower top lower bottoms and it is almost near to previous strong support 8320 levels.
However we stick to sell on rise strategy for tomorrow expecting further lower levels.
One can consider best entry around 8380-8400.

Conclusion: Nifty should touch 8317-8309, till it's trading below 8435 levels.

…stockstopp(stockstopp@gmail.com)

Nifty range bound

For 10  Aug 2015

Today-Nifty made a high of 8595 and closed around 8565(-24) and made a low of 8553.

Now opening of Monday looks important for nifty momentum. Nifty looks range bound, keeping a range of 8500-8600 in mind.

Conclusion: Nifty should touch 8624-8646, till it's trading above 8500 levels.

…stockstopp(stockstopp@gmail.com)