2010-11-27

Nifty may Take ‘U’ Turn R Again BLOOD Bath Coming Week?



Coming week is Crucial week For Nifty


Nifty may Take ‘U’ Turn R Again BLOOD Bath Coming week?


Last Week Nifty Made a low 5692 and its closed @5752


Nifty closed above 5744(38.2%retracement of 4786 to 6336) 5725(61.8% retracement of 5349 to 6336)

What will Nifty made Bullish?

Once Nifty is closed Above 5950 Two concsecutive days in daily chart it will Shoot up 6150 & 6240 &6380

What will Nifty made bearish?

Once Nifty is Closed Below 5680 Two concsecutive days in daily chart it will Drag down 5500 & 5375 & 5200

Recommandation of this Week

Buy dec futures @ 5725 to 5750 Stop @5620 tgt 5850&5930&6030

Option Lovers
Buy 5500 Put@52 & Buy 6000 Call@52 hold till Expiry

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