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nifty movement are showing to make new low

 
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Author nifty movement are showing to make new low
manish24
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Joined: 08 Mar 2008
Posts: 2

Post: #1   PostPosted: Thu Mar 12, 2009 9:30 pm    Post subject: nifty movement are showing to make new low Reply with quote

this is my very first cote for market , as per me it is diffecult to cross nifty 2686 on closing basis and i am thinking from friday or tuesday 17 th nifty may be start falling for 2350 around first at this point shortcovering may be come and it can push it for 2600 around , and that time short covering volume and different tec indicutor position can abel to gide for further move but as per my asume nifty can fall from 2600 around andthis fall can go long up to next month april midd or end . Very Happy
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Simplymahi
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Joined: 30 Nov 2008
Posts: 3

Post: #2   PostPosted: Fri Mar 13, 2009 10:49 am    Post subject: Reply with quote

dear manish

what is the basis for your interpretation?
Shocked Razz
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amitkbaid1008
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Joined: 04 Mar 2009
Posts: 540

Post: #3   PostPosted: Sat Mar 14, 2009 2:35 pm    Post subject: Reply with quote

Dear Manish

What you would say now as NIFTY closed above 2700?
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