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Topic: Technical Calls

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NIFTY MOVEMENTS

From : Gautam at 06:42 PM - Jun 14, 2009 (32 months ago)
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Friends ,
                Looking at the current level of NIFTY i find a correction is nearing which will take nifty upto a level of 4365.For the very short term Nifty might get support at level 4550.Now if Nifty gets this support then it will touch 4739.
 CMP NIFTY-4583.40
NOTE:- GO LONG ONLY IF NIFTY  CROSSES 4614 TARGET ARISES 4662.PUT A STOPLOSS AT 4535 FOR NIFTY WHICH IS THE FIRST SUPPORT FOR NIFTY.
ADVICE:  I  RECOMMEND TO GO LONG IN THE NIFTY FROM THE FIRST HOUR OF TRADE AND PUT A STOPLOS GIVEN ABOVE.




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