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.
Nifty - The Battle over 15875 continues
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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