NIFTY SPOT VIEW-31ST MARCH 2017

By 30th March nifty made a little wide range bar comparing previous two trading session, that is indicate further strength into the market, so buy on dips would be trading strategy. I am holding long on nifty. I have revised my trailing stop from 9110 to 9140 according to cash level.SBIN AND YESBANK looking good for buy on dips strategy.

So watch resistance-9180-9234-(9300 to 9325)-9380 and support stand around-9115-9080-9020.

nifty

CRUDE OIL UPDATE:

6th  February 2017…..

NO CHANGE OF VIEW:

Crude oil current trend is now sideways, break below 3470 the short term trend will down and above 3700 it will again go up, so trade accordingly.


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