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Nifty trend - Shashang |
shashangan
Green Belt
Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore
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Post: #1  Posted: Wed Jun 20, 2007 12:45 pm Post subject: Nifty trend - Shashang |
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Nifty has made a strong close yesterday (Tuesday- 19th June) & also has taken out some stops on the upper side to target 4270 followed by 4290/95 around. Mkt still looks overall bearish as of now & has got a bit confusing. But unless the mkt is able to break the previous top 4262 strongly, you can still expect some consolidation near 4300 & sell offs probably from 4320/40 levels. Longs stay cautios from 4320 levels. shorts can enter @ 4320/40 with a stop @ 4380 for now.
Call me on << REMOVED >> if you are in Bangalore or add me on yahoo with id << REMOVED >> |
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