Thursday, May 5, 2011

 

NIFTY LONG TERM VIEW

STAY CAUTIOUS 
RAW VIEW :- Looks like Mirror image of 2007-08 . The situation also slightly same in CRUDE & INFLATION on which basically our economy is based . Don't carry overnight long  until nifty trades above 200dma(5750).


Below 5500 next support is 5350 and then 5200 and below 5200 who will save nifty ?.




# posted by Amol007 @ Thursday, May 05, 2011
Comments:
PLSS SIR GV UR MESSENGER ID...... MY GMAIL ID:- subho.stockmarket@gmail.com
# posted by Blogger SUBHASIS MONDAL : May 5, 2011 at 11:52 AM
 
Dear Amolji

If break 5 DMA can we go for long.i.e 5560 NS
# posted by Blogger Operator : May 6, 2011 at 2:17 PM
 
Chances r less today , yes go long @5560 with sl 5540-30
# posted by Blogger Amol007 : May 6, 2011 at 2:28 PM
 
amolji r u carrying overnight longs??
I think they r risky as it is a weekend..
# posted by Blogger bizagra : May 6, 2011 at 5:18 PM
 
Actually SAR buy above 5530 for tomm , still holding short let's see monday
# posted by Blogger Amol007 : May 6, 2011 at 9:53 PM
 
Amolji, even i m carrying shorts, i ll manage with ORB on monday.
# posted by Blogger bizagra : May 7, 2011 at 10:56 AM
 
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