HeshTechnicals

Wednesday, September 29, 2010

Nifty View




Hello Friends,

We gave ICICI Bank as a buy call @1000 & hit 1st tgt @1090. Currently on daily charts it look so weak. So advised to exit if position hold from 1000.

As we predicted in first post of starting of this blog Where nifty as on that date 5250 & Tgt 5900. Which done successfully. We discussed twice in previous post market should be go in PROFIT BOOKING zone. which can be seen now-a-days. Right now Upper side cross & close above 6030-45 then 6185 will come & highly probable lower side STRONG support seen 5840-50 (which so far from here) but first trend decider level is 5930 if close below this continues 2-3 days then more panic can seen & 5840-50 will effective work as a STRONG support. 2 Technical indicator pure bearish sign here seen which can be complete in short time if market will go down (bearish). So more down side expected which will be discuss later as per pattern done & as per market run...


INJOY & HAPPY TRADING!!!


Your reply invited here:  hesh2601@in.com

He$H...




Nifty ViewSocialTwist Tell-a-Friend

No comments:

Post a Comment