Sunday, November 22, 2009

NIFTY SEEMS READY TO FLY




MARKETS, it seems have finally decided to move sharply up.
breaking the confusion of a lower top or higher bottom formation.next nifty targets could be 5175,5317,5332 and 5398.
some stocks like..icici,hdfc,reliance,acc,tata steel seems ready to go significantly higher, from now on.

sensex seems tobe clearly moving in a channeled move..the higher end of the channel..will be the traget and resistance,if both indices take out their recent highs.

my assumption of mild correction till friday,proved very timely..as nifty took strong supports JUST above support lvl of 4924,mentioned here.

No comments: