5200 tsl maintained for short term positional longs. one can keep holding with tgts 5320/5400.
at present 5320 looks more likely than the second one.
not much change in tsl though. some negative divergence is setting up on indicators, so one must be cautious at higher lvls which have acted as strong resistances in the past.
the lvls and other things are shown in the nifty spot eod chart above.
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Monday, March 29, 2010
mkt ahead...29th mar 2010...
Posted by
abhay r somkuwar
at
2:58 AM
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2 comments:
I didn't post reply immediately as I know Nifty may touch your levels :)
Oops..crossed too :P when you and Nifty will get down? lolz..
Not doing anything :( just small scalping..Nifty is not giving any chance to trade (intra)
Thanks and regards
sujatha, well i had said maybe iam a good guesser!
5300 looks like temp hump for some more time, 5200 getting protected on the downside, lets see.
regards,
abhay r somkuwar.
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