First article 2010
Hello Friends, it's good to meet you all again at a fresh year, fresh contract with some fresh views behind. Almost a wide swing of around 7000 Nifty points in 2 years. From this year, the move may not be the same, but hope it favors the investors.
Lets see about the mere term trend.
Lets see about the mere term trend.
The Chart i had given based on Andrew Pith fork method and triangle pattern combined. The breakout signal indicating a short term target of 5315, a break out above will fetch a move till 5510 to 5633. It may not happen all of a sudden, but short term investors can use this.
Intraday Nifty trend remain sluggish below 5200 and a break above 5228 will result in a target of 5274 and 5305. Positional longs can be held with a stoploss of 5121 and interim view turn bullish only below a break and close below 5050. Change on market timing will get on to effect from tomorrow, and my advise will be do not enter the open hour trade all of a sudden.
Friends who are interested in my PAID SERVICE can send a mail to mkt_calls@ymail.com else Click here for details.
Intraday Nifty trend remain sluggish below 5200 and a break above 5228 will result in a target of 5274 and 5305. Positional longs can be held with a stoploss of 5121 and interim view turn bullish only below a break and close below 5050. Change on market timing will get on to effect from tomorrow, and my advise will be do not enter the open hour trade all of a sudden.
Friends who are interested in my PAID SERVICE can send a mail to mkt_calls@ymail.com else Click here for details.
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