We can't like to study nifty in expiry week and can't like to trade also. So our REGULAR update will continue from 1st april 2011 onwards only. Till than stay with us.
Hai everybody,
Just rewind our words for this week once again.
Given below Words added in this blog on 28th March 2011,
Heavy profit booking will be expected around 100 points in this week. May be it will be occur before expiry too. Longers can put strictly stoploss for their position. Support for long is 5555 now.
Two more consecutive closing above 5650, then bull will have a power upto 5724, and will give boost to bull upto 5788-5804 level too.
Yesterday, nifty gave 2nd closing above 5650, if today it will be continue, then next target 5804.
Any body see yesterday's (30-03-2011) nifty spot high 5803.15.
Now what next in nifty now..?? Let us wait and watch.
Alert: Today is March contract expiry day.
Safely trading.
No comments:
Post a Comment