nifty still bearish in near term downtrend, but in intraday nifty bounced off oversold lvls near 5000.
as such its possible to reach 5100/5120-5130 intraday if stays bullish above 5070 for sometime.
supports are 5010, sl 5000. opening may be slightly negative.
the near to short term trend may turn up if nifty spot closes today above 5080.
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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
Thursday, December 17, 2009
mkt ahead 17th dec 2009...
Posted by
abhay r somkuwar
at
9:29 AM
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