August 14, 2009

A Drastic Bounce

Long expected recovery has started today. After a gap up and back of positive global cues our market showed it's strength and closed well above 4600 mark. But still large cap stock are not up to the mark. Bounce from those scripts will give the strength for our market to cross 4700.




Today i expect the positive moment to continue. But it's being friday i usually avoid trading.

Above 4636 Nifty future will touch 4669.

If 4687 is held then intraday short can be made with the same as stop loss for 30 to 45 points on downside.






PROUD TO BE AN INDIAN



Advance INDEPENDENCE DAY wishes

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