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View Full Version : Nifty holds strong, BUY at every correction



DynamicLevels
06-02-2016, 05:43 AM
Stock Market Today by Shailesh Saraf (https://www.dynamiclevels.com/en/about/shailesh-saraf-management) – 2nd June 2016
Indian Market Outlook:
We recommend a buy in Nifty (https://www.dynamiclevels.com/en/nifty/nifty-share-price) at 8120 with a stop of 8100. The huge buying of FII and PRO in future and options suggests that 8336 are in the cards for Nifty in the coming days. SGX Nifty (https://www.dynamiclevels.com/en/sgx-nifty-future-index) is trading at 8182 at 8:30 am IST. Nifty is expected to open at same levels i.e. a gap down of 15 points. International Market Outlook
Asian shares were steady on Thursday as Wall Street gave up modest gains. This was after the latest batch of U.S. data provided few clues on when the Federal Reserve might raise rates, while a resurgent yen pressured equity markets in Japan. The yen strengthened earlier today after Japanese Prime Minister Shinzo Abe said he was planning to delay a scheduled sales tax hike by two-and-a-half years, amid ongoing weakness in the economy. To know more go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-020616