Wednesday, July 20, 2011


I think nifty may go up or down after breakout or breakdown happened from trading range is 5495--5655 . If nifty will go up then we can see 5750-5900 levels in few days as indicated in chart. Dow,S&P,Crude,Copper all are indicating bullish at this time so because of these factors i am very bullish on Nifty but above 5655 levels rather than short without touching 5495 levels . yes i will do short below 5495 for short term not for mid term view.

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