Nifty likely to retest 5200 - 5180 before moving up. Upside shall be capped by 5300 - 5325 till US breaksout or shows sign of sideways movement.
From: abrahamputh <abrahamap@airtelmai
To: sharetrading@
Sent: Fri, 30 April, 2010 9:31:07 PM
Subject: [sharetrading] NIFTY
Nifty below 5330 should be seen as an intra day play ONLY. For a bullish flavor to return it needs to move above 5342.
Abv 5310 there will be some action.
One should remain stock specific.... in coming days...
Do not get trapped....
Abe
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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
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