Friday 24 February 2012

27 Feb

NiftyFuture 5487
Stop and Reverse SAR 5470
Trend Reversal Down below 5470.

Resistance
5546
5517
Support
5457
5428
HappyTrading 

Now the roaler coaster has been on the bears side ! How far Nifty dips remains to be seen,my gut feel is that this southward momentum continues upto 5340 or 5245 in panic ! Perhaps these levels may offer an opportunity to buy stocks, i feel this would have been the correction only, may not be the entire trend reversal, it should be decided by the market itself ! Though, We have always been on Right side as usual.

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