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Wednesday, July 30, 2014

30-7-2014 - NIFTY



            NIFTY has closed at 7788.30. As we have mentioned yesterday, NIFTY did bounced from the support level and closed in positive. Above 7805, we might expect a good up move. One can initiate
fresh longs above 7805 and 50 points Stop Loss must be maintained for new fresh positions. As we stated earlier, positional longs must be squared off, once 7705 is breached and closed below it. Till then buy on intraday dip and trade safe.



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