July 9, 2014 Afternoon update

With Blessings of All Mighty, God, I am writing Afternoon Update for 9th July, 2014 

Nifty in the morning made low of  7567.95 and it failed to sustain below 7569 which was main support

@ 11 am it made high of 7669 but again it didnt sustain, hence coming back down and making panic among 

small investors.

Budget session tommorow so without making panic operator cant enter stocks @ lower rate, and ATP of 

most of the stocks were high  so techincally it was supposed to come down, Now 7605-7600 will provide 

support and i m expecting some resistance @ 7700-7695 range,

If Nifty future breaks 7703 i m expecting 7780 levels also.

INTRADAY Buy on DIPS is recommended

STOCKS to buy: RELINFRA, YESBANK, FINCABLES, RANBAXY and ADANIENT

Good Luck,

HAPPY TRADING

With Best Regards,
TradeProfits(KS)

Nifty views for budget 2014

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Nifty Views:
Nifty had a gap between 7637-7702 formed on 1st n 2nd july to fill up this gap before jumping nifty came down which also brought healthy correction in mkts,  

Nifty Levels:
Nifty Buy on declines with stop of 7590 , Alterantively u can buy 7900 ce 

Panic?... Dont panic,, Its just like one ODD day, as Brazil also had 7 - 1 defeat against Germany.

So, Relax Be buyer on Declines I was expecting Healthy Correction after budget, and It came before Budget, Our Rail will move ahead towards 8185, and that also very speedily as BULLET TRAINS are coming

Stocks To buy on Declines,

HDFC, INFY

INFY buy call of 3600 Jackpot possible, 

Good Luck and Happy Trading,

Again Saying PUBLIC PANIC means BIG BUYING OPPORTUNITY

With BEST REGARDS
TRADE-PROFIT (KS)