Sunday, May 23, 2010

NIFTY TO PULL BACK--24TH MAY


mkt,,,now showing signs of recovering,,and bounce can be till 5150 maximum




long positions.. of any stock in eod has not been triggered till now



but nifty and bharti has shown bottom signal for time being in my charts and indicators



the trend line in this chart shows movement of nifty in down channel

nifty is having quite trouble in climbing up and seems quite slippery on low levels without any pain



overall again 5150..above can be shorting levels,,,and 4900/5000 range can give chance for long positions

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