Every move begins with a possibility…. I guess you have seen that Horlicks add about Newton sleeping under the apple tree…….
I expect DJI to oscillate between 9700 – 10800 (11300) for some more time. Like last 7 months it has been around this range. Like that Nifty will oscillate between 4700 – 5400 or so….
Till a break out happens. After all we are all optimistic/pessimistic persons…. As situation warrants in bear/bull scenarios respectively. Hence retailers buy into highs and sell into lows….
From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Ravi M
Sent: Saturday, June 12, 2010 10:29 AM
To: sharetrading@yahoogroups.com
Subject: Re: [sharetrading] Nifty
Everything seems to be a likely possibity it seems --- On Sat, 12/6/10, A P Abraham <abrahamap@airtelmail.in> wrote: From: A P Abraham <abrahamap@airtelmail.in> Subject: [sharetrading] Nifty To: sharetrading@yahoogroups.com Date: Saturday, 12 June, 2010, 4:00 AM Near term hurdles for NIFTY are 5115 +/- 5, 5180. Target could be 5300/5400 both serious resistances. Monthly charts indicate a rising upward flag. In which case 5500 in coming months is a possibility. Abe |
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
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