Saturday, August 22, 2009

NIFTY OUTLOOK

Time and again written from the last two weeks that 4370 is the level to enter postional.
In the last two weeks Nifty came down to this level three times and everytime gave us immediate 100 plus points profit. We have now closed at 4536.20 well above the first target of 4470. For the next week Nifty should first reach 4675. A closure above this on a weekly basis will make the bulls go on a rampage. Keep your trailing stop loss at 4470/50.

If you have followed my levels then you should be richer by 450 plus points . Keep following ....

Happy Trading

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