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| From : Dheeraj Trivedi at 05:04 PM - May 08, 2011 ( ) |
Share it on FacebookNifty View: Rangebound in Bullish Mode.
Nifty is expected to remain range bound and volatile for next few sessions. Accummulate at lower level with a stop loss of around 5450 on closing basis, (Strict Stop Loss 5390). Nifty is expected to breakout on upper side after this range bound movement lasting few sessions. Much better is to accummulate good stocks at these levels.
Immediate targets 5650 - 5730 in range bound market. Once Nifty breaks 5800, then next logical target is 6500+.
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Technical calls for MRPL, GVK, Shree Renuka Sugar and Reliance based on simple method. Targets as per your comfort level. Pl visit website indwayonline for levels. Technical analysis based calls must be understood by the person who invests his money, so if one is not convinced, then pl do not trade. We are here to make money, not to loose.
Please visit indwayonline
The purpose of this website is stock market education as well as technical analysis based calls with explanation. No tips. The site is in primary stage and will take some time in full develoment. Once you regsiter for the same Nifty Path page would open.
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