Wednesday, June 28, 2017

NIFTY GO LONG WITH STOP LOSS OF 9,470


YETERDAY'S star ALMOST HIT TGT 922 MADE LOW OF 923.20
TOTAL PROFIT: 11800 IN JUST 2 LOT
FOR LIVE MARKET CALLS PING ME
ON 09039542248
Go long with a stop-loss at 9,470
The Nifty  fell, breaking below the psychological 9,500 level earlier in the day. However, NIFTY has reversed higher, after making an intraday low of 9,483.The support at 9,480 is holding well as of now. The immediate outlook is bullish. Resistance is at 9,523. A break above it can take NIFTY higher to 9,540 and 9,550.If NIFTY manages to breach above 9,550 decisively, the upmove can extend to 9,580 or even 9,600. But a pull-back from 9,550 can take NIFTY lower to 9,500 levels once again.Short-term traders with high risk appetite can go long. Stop-loss can be placed at 9,470 for the target of 9,540. The NIFTY will come under pressure only if it falls below 9,480. Such a fall can drag it to 9,465 and 9,440.


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