NIFTY OUTLOOK FOR APRIL

Nifty has nearly given 500 points from our breakout level of April which is at 2922. Going forward how do we trade the Nifty. Do we go short or long is a question on everyones mind. Well the most simple thing to do is to be a follower. If Nifty trades above 3410 continue to remain long and your stop and reverse will be placed at 3295. This level will hold good for rest of April 2009.

Happy Trading