Stock Trading Tips Nifty View For Tomorrow 13 May 2016

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NIFTY TIPS FOR TOMOROW 13 MAY

SGX dandy / Nifty Futures these days was positive and finally closed the day higher by fifty one points.  We retell that we tend to continue holding our shorts with a average of 7950 might Futures level. Overall as per dandy Futures Tips / dandy Prediction we tend to maintain our Nifty read that upsides area unit terribly restricted and downsides area unit currently open.

Clients and regular readers of this web site area unit we tend toll that once dandy affected from 7600 to 7800 we tend to clearly updated to book profits in long positions that were engineered around 7000 levels and we conjointly clearly mentioned that the interior structure of the dandy had modified at that point that was indicating that upsides are capped. Since then almost five weeks have passed and however dandy has been unable to move past 8000 levels that could be a mere two hundred purpose move. What we see it as that this is a significant distribution pattern happening and once this distribution is over we'll see dandy drifting lower rather considerably lower. Reiterate these area unit not costs to shop for however these area unit costs to sell and even short sell dandy Futures.  Some traders get the illusion that dandy is moving higher however in reality Nifty has simply been during a commercialism vary.

Tomorrow 13th might 2016 is terribly vital as Mercury can begin its move through Copernican Sagittarius which has vital implications for each Equities and Gold and Silver conjointly.  Since as of now Mercury is retrograde we tend to might see sharp worth swings in Gold and Silver.

Tomorrow Focus Stocks

Reiterate obtain and Hold MSL, Bajaj Hindustan, Eid Parry, Renuka Sugar on dips as these stocks will do terribly well within the coming back time. Ugar sugar has been a great outperformer {and we tend to|and that we} had known this stock once it had been twenty three Bureau of Intelligence and Research and simply FYI this was the new multi bagger that we were talking concerning. On dips one can obtain and hold Ugar Sugar. We see considerably higher costs for Ugar sugar even from here however shopping for is suggested on dips. (Those who area unit solely commercialism on the basis of this post kindly use applicable risk management and trade)