Tuesday, July 28, 2015

Bear's Day out...

Hi All,

After a Blood bath on Dalal Street for last couple of days, Nifty now trading near a daily support of 8315-8300.

8300 remains the last hope for bulls. If markets sustains below the same (Sensex corresponding level - 27500) a free fall to 8200-8100 can not be ruled out...

Bulls should pray for a close above 8353 by today for at least a small bounce.

A great opportunity for traders and investors as well to select quality stocks for Long term and trade based on the stock specific trend for short to mid term.

Cheers

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