Ticker

Tuesday, July 1, 2014

1-7-2014 - NIFTY



            NIFTY has given a close at 7662.65. Our strategy of holding old longs in NIFTY worked well. Simultaneously we have recommended yesterday to buy fresh also and people who have bought today are in profit. The strategy for tomorrow is
hold the fresh longs with a Stop Loss of 7570 on closing basis, and any fresh longs tomorrow must be followed with this Stop Loss rigidly. For old longs there is a strict closing basis Stop Loss must be place at 7480, as we have mentioned earlier also. Once crosses and closed above earlier high of 7715.55, might lead it to the higher levels with a great momentum.



No comments:

Post a Comment