INDICES

Friday 29 April 2016

NIFTY (POSITIONAL )

LAST MONTH NIFTY MOVES TO 7980 FROM LEVEL OF 6840. THE COOL RECOVERY OF ABOUT 900 POINTS. BUT FOR THIS MONTH THE LEVEL OF NIFTY CHANGED THE MAJOR SUPPORT @7720 BELOW THIS NIFTY LEVEL WILL FALL TOWARDS 7500.ABOVE RESISTANCE @7980 ABOVE THIS NIFTY WILL MOVE TOWARDS 8290. SO, MAKE YOUR POSITION ACCORDING TO THE LEVEL.

WE BUY NIFTY ON 18th APRIL 2016  IN THE RANGE OF 7900-7910 FOR THE TARGET OF 8050 WITH A STOP LOSS OF CLOSNG BELOW 7840.(spot). BY REMOVING THIS STOP LOSS. 
ONCE AGAIN AVERAGING(BUYING 1 MORE) NIFTY NOW @7800 WITH A STOP LOSS OF CLOSING BELOW 7715 FOR THE TARGET OF 8140..

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