Tuesday, February 23, 2010

Another crack?

I have nothing more to add other than posted yesterday. Today, NIFTY failed in its effort to go above T1 / T2. There is a higher chance that NIFTY cracks below the 4800 mark tomorrow, which could initiate a nosedive. But this will happen only "IF" nifty breaks down below 4800. We have to wait and see… if it places a RIP (Rest In Peace) stone over NIFTY?

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES