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| From : Balaji Kumar at 09:15 PM - Feb 04, 2012 ( ) |
Share it on FacebookWHEN TOPPING OR BOTTOMING OUT 100PTS +/- HAS BECOME COMMON AND
THIS IS SELL NIFTY AT 5380 AND NEAR 5405 sl AS 5420.
Previously expected to reverse at 5230-5250 but didint happen. What ever, leave the bull or bear, For long term we will analyse afterwards, but nifty to go down or go up, once nifty has to touch 5050-5020 and selling mania can take to 4970 too. again goes up.. so for time being short nifty at 5380-5405 levels...
TARGET 5050-5020.
FEB NIFTY FUTURES.
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today intraday SL is triggered... So now i think from tomoro nifty will go down.. our SL is triggered know now nifty goes down.. Activate your sell call again when todays low 5340 is breached... wild moves are going onnn.. 5403-5444 is highest peak zone...
all shorters SL are being triggered... some gambling is going onnn for sure...Its globally...
Support is there at 5180-5200 so book there.. we might not see 5050.. dint expect a big fall in feb...
Thanks Balaji. Is this Spot or Future. Iguess you have given future price still pls confirm.
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