Indian market prediction for 8th September 2015

INDIAN STOCK MARKET

The market can experience recovery today. However, overnight long position isn’t recommended. You are advised to stay alert as between 9th and 11th September, a big fall may be observed.

Last day, Nifty broke 7600 while Bank Nifty broke 16000. Nifty made a low of 7545 while Bank Nifty made a low of 15800.

For today, you can build a short position at the higher levels.

Intraday traders can buy Nifty with S/L 7540.

TRADING RANGE:
NIFTY FUT:7540-7640

BANK NIFTY: 15500-16200

SELL AT HIGHER LEVEL:

  • ONLY FOR MEMBERS

BUY( INTRADAY):

  • ONLY FOR MEMBERS
Posted in stock market and tagged , , , , , .

Leave a Reply