Wednesday, February 22, 2012

SHORT TERM VIEW

Today's price action suggest that the much awaited correction has been started. Now in coming days nifty is likely to  fall up to 5350-5400 ( which is the break out level ), or it may fall up to 5200. After testing one / both of these level it may regain it's upward journey for target of 5700-5800 and then 5900 -6000.

NOTE:- This view will get negated if nifty gives daily close above 5630.

Now a days we are not posting charts for short term views because it takes time, whenever time permits or major turnaround happens we will post charts also.

  DISCLAIMER: This Blog is meant for sharing my trading ideas only and no calls to be taken as trading recommendation. Visitors please do your own research or consult your advisers for safe trading.

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