The comments and posts published in this blog are NOT trading recommendations. They can not be considered as trading calls or advices. If you decide to use the information offered here for your real trading, it is at your own risk.
Sunday, April 03, 2011
Nifty Outlook
Sensex and Nifty have been quite bullish in the last few sessions - Sensex broke an important level at 18860 without too much trouble. The momentum charts have turned pretty bullish - as can be seen from the charts I have attached below. The previous significant high of Nifty at 6178 was a 76.4 retracement level. Therefore the next level to watch-out should be the 76.4 of the whole move down - now coming at 6064.
The comments and posts published in this blog are NOT trading recommendations. They can not be considered as trading calls or advices. If you decide to use the information offered here for your real trading, it is at your own risk.
The comments and posts published in this blog are NOT trading recommendations. They can not be considered as trading calls or advices. If you decide to use the information offered here for your real trading, it is at your own risk.
