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 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)
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