Wednesday, 3 September 2014

Watch out for SBI today, above 2555 (in cash) it will be clear break-out for another 100-150 points rally up to 2700/-

NIFTY is not looking at any negative news, in fact growing by a percentage on account of negative news. Lot of optimism, if NIFTY crosses 8180-8190 today/tomorrow, it can go anywhere.

It will be advisable to book loss in CALL sell positions if NIFTY closes above 8150 on EOD basis and stop trading for a week,

No new trades.
Everyday few stocks in NIFTY show tremendous run up.
Watch out for SBI today, above 2555 (in cash) it will be clear break-out for another 100-150 points rally up to 2700/-

One can expect usual trading day today. A gap up opening, quite trade during early market hours and upswing after 2 pm to take the rally further.

Disclaimer: This blog does not take any responsibility of your profit/loss.

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