Wednesday, July 25, 2012

CARRY ON

OPTO CIRCUIT(CMP-159) - I still stick to my view. Last two out of three days it opened at lower level and made an attempt to touch 164 but didn't succeed. Tomorrow it should try and give a sharp uptick or will  try to breach this Monday's low of 157 on closing basis. As per the charts,it is still in an uptrend.
              Nifty (CMP-5109.6) tried to breach 5100 on closing basis. Tomorrow, Nifty should give a bounce. Those who trade on NIFTY can go long with a stop-loss of 5076.6 . Enjoy!!!

(Note - The views shared are entirely based on my own knowledge. Any loss/damaged caused will be entirely at the follower's own risk)

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