r.dibya
White Belt
Joined: 26 Jun 2008
Posts: 79
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Post: #1  Posted: Sun Jul 26, 2009 11:07 pm Post subject: r.dibya--wait for buy nifty |
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weekly resitance of nifty is 4580 but daily resitance near 4680 . If nifty willnot support near 4400 according to (23%,61.8%). then buy near 4250 (50%) .
but remember DOW has been broken out the previous resitance ine near 8900-9000 and S&P,NASDAQ, also . CRB index of commodity stock indicates bullish.
major currency like EUR-EUD,CAD-USD,JPY-EUD,AUS-USD,NZ-USD r showing buulish and bearish in dollar . so for long position u will be safe side rather than the creat short position. Market is in overbought position so wait for correction near 4400 or 4250 levels for long position .
buy stocks ---punjlloyd,icici bank above 800 level,bajaj auto ,reliance above 2050,CNX IT,rcom,suzlon,aban,hexaware |
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