Wednesday, 10 February 2016

Nifty's trend - 10th Feb,2016

Dear Friends, Good morning

As per the technical indicators , NIFTY is all set for a bounce back very swiftly - if the 7240-7230 region is not broken....

If 7230 is broken - indicator suggests the level of 7118 zone & from there upto 7040 ...

But , FIIs pricing action indicates NIFTY should cross the level of 7419- 7435 at any moment.... !

The better strategy would be to watch the level of 7230 - whether it is broken / held & accordingly align the positions....!

STM 4th Entry - I have not made exit yesterday ----- holding for a while...!

Let's wait and watch....!

Have a nice day..!

With kind regards,

Rishi

3 comments:

  1. Dear Rishi Sir
    Thank You Rishi Sir
    V.Manikame
    Pondicherry

    ReplyDelete
  2. Rishi Sir its forming base at 7230 as you wrote if it holds it will reach 7500 at any time in this week. With his blessings STM 4 also will hit by this week.

    ReplyDelete
  3. Respected Sir,

    Thank you very much for the messgage on NIfty trend.

    VISVANATHA N

    ReplyDelete