Nifty Tips for 21 Aug 2014
Nifty broke both high and low of yesterday. It is a disappointing sign.Still Nifty is in bullish zone.
Immediate stop for bulls is consistent trade below 7860 . Major Stop is continued trade below 7830.
On the upper side there are no boundaries.
Now all depends on tomorrow.In case of big dip of 25-30 points and contiued trade below opening,staying out of longs looks better strategy.
In case Nifty trades upwards,I will enjoy the ride.
My call of 7900 CE is down 20 bucks.Still i will trade according to Nifty levels.no hard stops on call value,stops are for nifty level of 7860(Continued trading).
Happy investing
Nifty broke both high and low of yesterday. It is a disappointing sign.Still Nifty is in bullish zone.
Immediate stop for bulls is consistent trade below 7860 . Major Stop is continued trade below 7830.
On the upper side there are no boundaries.
Now all depends on tomorrow.In case of big dip of 25-30 points and contiued trade below opening,staying out of longs looks better strategy.
In case Nifty trades upwards,I will enjoy the ride.
My call of 7900 CE is down 20 bucks.Still i will trade according to Nifty levels.no hard stops on call value,stops are for nifty level of 7860(Continued trading).
Happy investing
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