Ticker

Monday, August 18, 2014

18-8-2014 - NIFTY



            NIFTY closed at 7877.70. Please see the chart below to understand the breakout. Since past few days we were continuously advising from this platform to buy the NIFTY with proper Stop Loss and one can see all the previous posts, how beautifully one must have earned if followed the levels mentioned here. Even in the last post we have mentioned to maintain the buy and as per our level, it has closed above the mentioned level of 7865. So we are going to witness a fire work in indices. As we are trading on an all time high, now there will be no prediction. One must
ride the rally and the Stop Loss also came a bit up at 7750. So one can initiate a fresh buying, or hold the old buy, the Stop Loss will remain the same. On the breach and close below 7750, we will exit the longs. Till then, ride the rally and enjoy the higher levels with good profit. Trade safely.



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