4854-4864 was crossed on first day and held thereafter we saw nifty getting to the first tgt, and second tgt 5030 nearly done.
if nifty stays sideways to up for a some more days then a firmer uptrend may get established.
a few closings above 5030 if supported by global mkts, the nifty would be again more bullish to reach the previous high of 5182, if any profit booking comes and gets limited to 4880/4860.
for today positional longs can raise the tsl to 4840.
all prices are on closing basis.
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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
Monday, November 16, 2009
16th nov 2009...
Posted by
abhay r somkuwar
at
8:56 AM
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