Nifty slow but beautiful

12 Apr 2017

Tuesday-Nifty open 9188, made a low of 9174.45 and made a high of 9242.55, closed around 9237(+49), movement of only 68 points, little more than yesterday.

For positional, looking at table tennis momentum of nifty although it is confusing, however we would cover our shorts around 9160-9150, and buy around 9140-9152 for higher levels of 9246-9275-9302, unless it closes below 9140.

Little late to give view today, we were having very strong point 9246, which did not breach and nifty made a new low. Now one has to follow price behavior, and sometimes it changes very fast. Now we also change with them, it is simple :). Looking at complex structure we will buy on dips around 9160-9150.

Conclusion: Nifty should touch 9212-9236, till it's trading above 9138 levels.
 …stockstopp(stockstopp@gmail.com)

Nifty relaxing or someone selling

07 Apr 2017

Thursday-Nifty open 9243, made a low of 9219.05 and made a high of 9267, closed around 9262(+19), movement of only 48 points only.

For positional, looking at slow momentum of nifty and no major events, it is confusing, however we would go with sell on strategy for lower levels of 9191-9170-9105-9080, unless closing above 9275 and close below 9220 should confirm this.

Now one has to follow price behavior, and sometimes it changes very fast. Now we also change with them, it is simple :). Looking at complex structure we will sell on rise around 9240-9246.

Conclusion: Nifty should touch 9219-9191, till it's trading below 9268 levels.
  ...stockstopp(stockstopp@gmail.com)

Nifty planning for storm?

30 Mar 2017
Wednesday-Nifty open 9128, made a low of 9109.10 and made a high of 9152, closed around 9143(+15), movement of only 43 points only.

Yesterday our all levels rocked, as mentioned. All positional levels rocked too.

Our statement ‘table tennis movement between 9160-9060’, is still valid. However we can still focus on our entry and exit.

For positional, we bought around 9030 and today we are booking around 9165. Now again a difficult time to project levels, however we will suggest sell on rise strategy around 9165 for lower levels 9120-9080 and lower.

Now one has to follow price behavior, and sometimes it changes very fast. Now we also change with them, it is simple :). Looking at complex structure, we will sell on rise around 9165-9180.

Conclusion: Nifty should touch 9121-9080, till it's trading below 9191 levels.
 …stockstopp(stockstopp@gmail.com)

Crude ready to take reversal

28 Mar 2017

Monday-WTI Crude opened $48.12, made a high of $48.13 and low of $47.08 and closed around $47.86(-00.26).

Medium term view- Crude should have touched $56 which got missed by $2. It has created a doubt in mind about upside still pending, however we maintain our bullish view intact towards $54.50-$56.70-$62.20 unless $43 is breached. We will consider to re-enter around $47-$46.50 levels for targeted levels, aggressive traders can take entry anywhere near $47. Recently entry has triggered and we would be riding wave now.

Crude is continuously trading lower from a week, however $47-$47.50, is acting a strong support. However we would trade with buy on dip strategy for the day. And close above $48.20 and $48.40 would confirm, short term reversal sign towards $49 and higher.

Conclusion: WTI Crude should touch 48.40-48.75, till it's trading above 47.80 levels.

…stockstopp(stockstopp@gmail.com)

Wanna dare to buy

27 Mar 2017

Friday-Nifty open 910, made a high of 9133.55 and made a low of 9089.40, closed around 9108(+4).

Yesterday our all levels rocked, as mentioned, to the point.

Our statement ‘table tennis movement between 9160-9060, it is at a level where by one needs more clarity, and though do not be surprised for sudden moves’, came to be true. However we can still focus on our entry and exit.

For positional one has to be little bold, can go long in nifty around 9030-9040 unless 9015 not breached for higher levels of 9130-9160 and higher.

Now one has to follow price behavior, and sometimes it changes very fast. Now we also change with them, it is simple :). Looking at complex structure we will buy on dips towards 9048-9040.

Conclusion: Nifty should touch 9105-9130, till it's trading above 9033 levels.

…stockstopp(stockstopp@gmail.com)

Crude bearish move

24 Mar 2017

Thursday - WTI Crude opened 48.38, made a high of $48.48 and low of $47.58 and closed around day’s low to $47.63(00.75).

Medium term view- Crude should have touched 56 which got missed by $2. It has created a doubt in mind about upside still pending, however we maintain our bullish view intact towards $54.50-$56.70-$62.20 unless $43 is breached. We will consider to re-enter around $47-$46.50 levels for targeted levels, aggressive traders can take entry anywhere near $47.

Crude is continuously trading lower from a week, strong support of dead see can be seen around 47-46.50 levels. For the day 47.95-47.90 should act a resistance.

Conclusion: WTI Crude should touch 47.40-47.03, till it's trading below 48.50 levels.
…stockstopp(stockstopp@gmail.com)