[sharetrading] NIFTY

 

We have had 3 good days of positive movement. Though no signals exist for short direction, there could be one generated for a sideways to down movement in next few days…. As of now all long positions to be held with 5050 as SL. Many indicators are in heavens and need to look down in coming days……….. So beware of the wrath of gods……….

Presently the bears seem to have gone underground and bulls appear to be flying……

FTSE appear to be stronger, CAC is more hesitant. US markets show moderation with no real strength being exhibited. May be waiting for other markets to catch-up……………

Abe

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