Tuesday, December 7, 2010

100 Points here and there decides.

 

It looks like it is possible that NIFTY can swing 100 points here and there. However, four red candles for the four consecutive days are not a good sign at all. All the four days, NIFTY closed below the open value. Additionally, today, it closed below yesterday’s low. Technically, we should look for 5600 in few days, unless, a close above 6030-50 happens…

 

 

 

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

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