Thursday, June 24, 2010

23th June 2010 (AfterMarket)

:: Given Nifty Overall View::
Good Morning, Yesterday we gave a light signal for UpTrend, by saying that correction will be over yesterday itself and as far as Nifty hold 5286-68, again it may bounce back till 5400, and that’s why we suggested you to avoid shorting in Gap Down Opening.

Yesterday Given : MARKET may FALL sharply and will RECOVER Very sharply.

:: Given PreMarket Trades ::

Uptrend
Buy at 5310 with StopLoss 5276
1st Target 5330 (Achieved)
2nd Target 5353 (Nifty High 5344)

Downtrend
Sell Below 5264 with StopLoss 5276 (Not Came)

Risky Trades
Sell at 5296 with StopLoss 5318 (Nifty Low 5296.10)

At the End of the day we gave BTST Nifty for Target 5400+

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Nifty in view of experts