Thursday, February 28, 2013

#146 Nifty Update: Beaware you can be back stabbed!!!

Hahhaah dnt worry this isnt a warning to your life but yes ofcourse its warning for your trades. Before 3 days I posted that nifty could see 5630-5690 and it would be best buy range. Today we are in that range and I guess you all started buying..while working on the nifty chart late eve, I just noticed 5560 is a strong support..more stronger than if incase nifty closes below 5621, dnt panic or go short as u might get cheated. Nifty has all chance to bounce strongly from 5560..though I am of still of belief that it would turnaround from 5621 but it is just a chance that we could see just BEAWARE!

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