exactly what's said is happening, nifty moved up and got resisted near 4650 which it found a good technical resistance, then reacted and got supported on near term supports near 4400 to bounce back.
it was a very good tradeable opportunity for short term and intraday players, while uptrend remains intact for intermediate traders.
fiis again supporting the mkt with huge net cash buying on declines and the tgts remain the same as mentioned earlier. individual stocks and sectors are showing lot of action.
nifty will likely challenge the recent highs if today stays above 4572(falling short term tline resis) and 4587. mkt opening is expected to be positive.
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past short term calls follow-up/performance***(stocks to watch)
date,stock,reco price,high,% gain at high
***all analysis are based on self chart study only, actual trading gains may vary.
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Twitter nifty intraday trading Updates
Wednesday, June 10, 2009
10th june 2009...
Posted by
abhay r somkuwar
at
9:16 AM
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