SO,yet another day passed on exactly in between,,those two trendlines.
markets still waiting for that decisive move..beyond those two lines.
on hourly basis..nifty need to close below ROUGHLY 5105 for a steep downside fall or above 5145....5153 for an upside move which could easily make new highs for nifty for 2009.
acc,grasim,india cement, hdil ,litl. and sail seems poised for the upside rally..in my opinion positions should be taken, on a break out for nifty.
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