Monday, June 2, 2008
5000 or 4670 which will touch earlier?
We could be heading to a dangerous zone now, with a crucial support at 4820 which if broken and nifty closes below it then worst could hit our mkt and a correction to 4670 is quite possible. A little ray of hope is on the basis of weekly charts,which show that Nifty may touch 5000-5020 before heading downwards, so all in all this month will also be a choppy month and only trend followers will be able to make money in intraday following some strict rules,otherwise be ready for getting wiped out in this risky market!
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2007
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September
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- DLF looking good for another upside!
- Expect market to touch 5000 by Friday!
- Expect Nifty to touch 4750-4820 levels today!
- Fed News will give the direction!
- Nifty showing weakness at 4520-4530 range!
- Expect market to be rangebound,or a little upside!...
- 900bn USD credit card debt on US!
- Nikkei has broken an important support! Dow in neg...
- Nifty looking weak at highs,expect some surprises!...
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August
(11)
- 4400 is a resistance for Nifty; Reliance is strong...
- I expect Nifty to touch 4500 today itself! Read mo...
- Expect a heavy correction today in Nifty!
- Market is poised for a good upside,Nifty can touch...
- Technical analysis and trading for Indian stock ma...
- Expect Nifty support at 4000.
- How to trade in Forex from India?
- Expect a rebound in Indian markets on monday!
- Nifty below 4100, expect more weakness!
- How did the correction started? What is subprime l...
- Expect further correction in Indian markets
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September
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8 comments:
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