September 2, 2009

Run to hide

A game using markets was done yesterday also. Superb fall which was created once again at 4700 levels has taken 3% in no time. Still who believe that this is a pause before Bull run can go long. But my advice is trade safe with strict stoploss.

At this time when i write this article US markets is tanking over 2%. So once again i repeat the words i said yesterday... A gap down below 4582 will pave the way for shorters, if that happens then today's close of 4616 will be the stoploss for shorts.




Nifty future levels :

4533 - 4554 - 4572 - 4616 - 4657


A possibility of closing at 4566 is what i expect today. It's just my assumption.


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