Wednesday 23 December 2015

Trading Strategy For 24th Dec’15.resistance at 7927.Will Try to kiss 7979 ?

There are certainly times when money can be made very easily in the stock market. Often this leads to carelessness, which in turn can lead to disaster. At the end of the day, success is not decided by your winnings from any particular day, month, or quarter; it’s what you keep year in and year out. Adherence to sound risk-management principles will not only allow you keep the profits you’ve acquired but will also keep your feet on the ground when your head is in the sky because you’ve become overly ambitious after a period of success. 
Last Close : 7864
Broken on Upper side :
Hurdle or have an eye on  7860 level : 7860+119 =7979 level.
In 8 sessions ,Nifty Future is up by 300 points.
Box Chart Target intact of 7900———————–7927 level.
Yes ,7927 will act as resistance.Crossover and close above this level will take to 8006-8034 level.
Above 7879 level if sustains for 15-20 minutes with volumes will take to  7892 level.
There after will kiss 7914 level.

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