Re: [sharetrading] Nifty

 

Thank you for your RED ALERT

 

regards

 

noufal

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From: A P Abraham <abrahamap@airtelmail.in>
To: sharetrading@yahoogroups.com
Sent: Thu, January 7, 2010 8:42:36 PM
Subject: [sharetrading] Nifty

 

The first signs of Nifty breaking down has appeared on the charts. Now the bulls have to do double time to straighten it.

As of now, one has to be careful as to where they put their monies. Still bull power is present in full measure, only that they appear tired. They have not vacated the field for the bears yet. But the fight is taking its toll. I feel a correction to 5160 is on cards.

Weekly chart will be threatened only if 5160 is broken.  Maybe even 5100 will be tested.

 

Please note, all calls of mine stand cancelled as of now, till the day charts straighten out. I have personally exited most of my new additions.

 

Abe

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