Thursday, March 3, 2016

Bull hai ke maanata nahi.....

Hi All,

Bulls in control again....

Markets are not willing to hold on, and are expected to open higher today also, SGX Nifty is up around 50 odd points.

As mentioned earlier, 7400-7420 will be crucial levels to watch out for on the upside, sustaining above which can take Nifty to higher levels of 7500-7530....

As suggested yesterday, rather buying at the opening, it would be advisable to enter on dips of around 40-50 points if the scenario is favourable for bulls then.

Nifty future discount and Advance Decline ratio will be key areas to watch out today....


Cheers

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