on spot nifty, after crossing 5884, positive bias has developed on the charts in the near to short term.
a pullback is happening which can continue upto 6100 to 6130. some profit booking is possible there.
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Monday, December 6, 2010
mkt ahead...06th dec 2010...
Posted by
abhay r somkuwar
at
12:46 PM
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2 comments:
Abhayyyyyy
y u r giving upside target again:):)?
Ok, i hv doubt whether 5884 or 5984?? little confusion for me. 5884 means another 100 points difference is there so it's a buy @ 5884 with SL of 5850??? If 5984 means what is the SL???
PS : Expecting atleast 5900/5890 to reenter
sujatha....buy(or positive bias) was there 2 days back on crossing 5884 spot on the upperside in which it rallied upto 5970 tgted upmove was upto 6100 and maybe slightly more, and now profit booking is taking place of this upmove, sl can be 5950 closing basis, short term trend as such is down till a good reversal happens...this was near term view(also pls refer twitter views from time to time for very near term trading perspective)
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