Nifty - The Battle over 15875 continues

It is just amazing how the Nifty has found resistance repeatedly around the 15875 level. There have been five attempts to get past the same on a closing basis but all of them have failed. Yesterday was the strongest one. While this is not a good sign, we can’t extrapolate much from it. We can be aggressively bullish only once the Nifty gets past the same on a closing basis. Till then better to look at stocks with strong set-ups.

It will be interesting to see, who will take control of the market. In such volatile times, it is better to stick to a securities broker which provides reliable service. With 30 decades of experience we know what a trader and an investors wants and we also offer Free Trading And Demat Account.

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