[sharetrading] Nifty

 

Nifty did well by all standards. Though there were some initial hiccups in the group, overall one must admit it was a good day…….

 

One request to all who are in meebo group, please do not react to unwanted guests and their comments. This kind of distraction upsets the thought process and our aim……

Maybe they too will get interested after a while. Mostly they are all non-Indians….. Ladies… Please use pseudo names….

 

EOD – Pivot 4749. Holding position - Covered short.

 Serious resistance at R– 4845 (LT - SHORT SL). On cross of it S1 – 4820. All negativeness will abate…

Support – S1 - 4744.

R – 4813- 4828- 4913-4956-5020

If tomorrow closes positive with good number gain, interested persons may hold one NIFTY with SL. Risk reward is good………..

But there are good chances of market moving down……………… Let us see……. Becos the shake out is not complete….

 

Abe

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