Monday, October 6, 2008
SLIDE CONTINUES....
Nifty Future below 3868 can slide to 3764-3705-3645. Avoid bottom fishing as this trend can continue till tomorrow morning before a bounce back happens
Sunday, October 5, 2008
Friday, October 3, 2008
BULLS Vs BEARS :
The Market in the process of forming a BOTTOM has given this week cold sweat to all those who got stuck in ‘shorts’ as well as ‘longs’. Bears trying to pierce 3800 Nifty level and Bulls protecting 3800 level which is their final hope. We are in the final wave of this bottom formation. Break of 3800 level can take us to 3648-3577 level. Stop loss for shorts is NF 4040.
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