Nifty Update 7th Sept 2017

SGX Nifty Futures

LTP   10,940.00   +26.00 +0.24% High 11,041.50 Low 11,001.00 (Change Vs Today’s Nifty Futures (NSE) Closing)

Nifty Update 7th Sept 2017

First of all I would like to thank all my clients and friends for keeping in their prayers which has helped me in my speedy recovery. Thank you everyone.

Silver has been doing very well along expected lines. We once again reiterate that we see Silver moving higher even from current levels however buying must be done in panic or sharp declines only. Longer term we remain very bullish on silver.

Maharashtra Scooters that we initiated at around 1100 we have booked at around 2400-2500 area.  Yes it has given a return of over 100% and those of you who had purchased the counter at lower levels and have been holding can take profits in the same. Renuka sugar we have also booked some at around 22 levels and we continue to hold remaining quantity for now.

Nifty has been moving along expected lines and we have been trading in and out and near term trades have been giving us good money. Detailed update has been given to our clients about the immediate near term outlook.

Good Trading To You!