Archive for May 3rd, 2010


Monday, May 3rd, 2010

Nifty Technicals

Observations & Possibilities: Money is waiting for breakout. Nifty need to break green or blue line in the chart. Intermediate trend of market will turn UP if  Nifty closes above 5345. The Intermediate trend is still DOWN with target of 5040 & 4960 on NIfty. Closing above 5350 will bring 5570-5600 in picture. Higher risk in initiating  fresh long term investment. Market Technicals: [...]

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