| View previous topic :: View next topic |
| Author |
(updated) SHASHANG's ENTRY & EXIT- NIFTY(UPDATED-MAY 30) |
shashangan
Green Belt
Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore
|
Post: #1  Posted: Thu May 29, 2008 6:05 pm Post subject: (updated) SHASHANG's ENTRY & EXIT- NIFTY(UPDATED-MAY 30) |
 |
|
The mkt possibly again near bottom for one more rally. But i am little sckeptic how the mkt gonna discount the inflation figures.
lower support around 4803- 4798 followed by 4769 - 4758 spot basis.
If the figures are good then the mkt can possibly again run up to 5000 levels once more.
Resistance - 4876-79, 4912-17
4991/ 5002/5020 is the upside target.
ONLY RISK TAKERS CAN BUY NIFTY ON DIPS BELOW LOWS. EXIT IF MKT BREAKS (spot basis) 4750 STRONGLY WAIT FOR A SMALL PULL BACK AFTER FALL & EXIT LONG. IF MKT MAKES A STRONG CLOSE ABOVE 4915 IT'S A GOOD SIGN. IF YOU DONT WANT TO RISK STAY OUT OR BUY MINI |
|
| Back to top |
|
 |
|
| |
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum
|
Powered by phpBB © 2001, 2005 phpBB Group
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
