Wednesday, June 3, 2009
BULLS STILL IN COMMAND
Nifty showing negative divergence yesterday, corrected by sideways movement with bulls even after breaking 4475 area managed to close much above it. .... for upmove sensex has to close over 14931. The pivot for this up move is now NF 4515 and strength is over 4534. Targets for today could be 4566 with resistance at 4602. Side ways movement likely. ... If NF stays below 4561.. one can short with S.L. of 4578-4582.
Subscribe to:
Posts (Atom)