November 9, 2009

Nifty view - 10/11

Today it was a great day, Nifty almost done my all expectations. Yesterday posted a chart on Nifty with expected target as 4930. Today Nifty made a high of almost to 4910, just 20 points short of my target.

But never worry, tomorrow that target will be done. From here i expect a mild correction, just a mild correction of 3 to 4% on Nifty.

Simply book your longs at opening bell and go short on Nifty tomorrow.


Nifty future open call:

Sell Nifty at 4960 ..... SL 4991...... TGT 4848 , 4776.

Note this sell call is given for intraday traders. Still i am bullish and investors can re enter again at lower levels by booking some profit here.


Nifty spot levels for the day:


4833 - 4857 - 4872 - 4910 - 4930 - 4954

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