Nifty is in downtrend.
Market sentiment is bearish
Today Nifty has closed at 10146, Nifty made low of 10,102
Tomorrow Nifty can go down upto 10,000-9,980 level.
And on higher side it can move upto 10,280-10300 level.
All above levels are approximate
This analysis is based on technical charts and data, any news or manipulation can override this.
Yesterday I recommended few stocks to buy on dips for positional trade and long term, so you may buy those on dips.
Tomorrow I will be also accumulating following 2 stocks on dips for positional trade
Godrej Industries - CMP is 447.30, will try to buy at Rs.443 and below
Castrol India - CMP is 137.95, will try to buy at 134 and below
Jamna Auto Indutries - CMP Rs.69.40, will try to buy on dips at lower than this price for long term
Do not buy in one go, keep buying on dips i.e. in staggered way.
Prediction of crude fall and rupee will be stronger was made few days back and it is coming true
Brent crude is $76
USD-Rupee is Rs.73.36
Market sentiment is bearish
Today Nifty has closed at 10146, Nifty made low of 10,102
Tomorrow Nifty can go down upto 10,000-9,980 level.
And on higher side it can move upto 10,280-10300 level.
All above levels are approximate
This analysis is based on technical charts and data, any news or manipulation can override this.
Yesterday I recommended few stocks to buy on dips for positional trade and long term, so you may buy those on dips.
Tomorrow I will be also accumulating following 2 stocks on dips for positional trade
Godrej Industries - CMP is 447.30, will try to buy at Rs.443 and below
Castrol India - CMP is 137.95, will try to buy at 134 and below
Jamna Auto Indutries - CMP Rs.69.40, will try to buy on dips at lower than this price for long term
Do not buy in one go, keep buying on dips i.e. in staggered way.
Prediction of crude fall and rupee will be stronger was made few days back and it is coming true
Brent crude is $76
USD-Rupee is Rs.73.36
Your nifty levels are almost to the prediction. Many experts come on TV they buy Nifty, nifty goes down. One says sell nifty for so and so target nifty moves up. Ur prediction is far better than those TV guys
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