NIFTY ::: SWING VOLUME PATTERN CHART ::: UPDATE ::: RISE WOULD NOT BE SUSTAINABLE

::: SWING VOLUME PATTERN CHART :::
:::: ITS ALL ABOUT VOLUME GAME ::::   

DATE               NSE VOLUME
5th May 2010   207,679,138
6th May 2010   192,105,707
7th May 2010   233,345,722
10th May 2010 191,632,764

AS PER THE OBSERVATION / STUDY ON SVP CHART
TODAY'S VOLUME IS LESS THEN LAST THREE TRADING SESSION'S
WHICH INDICATE RISE WOULD NOT BE SUSTAINABLE
THE PICTURE WOULD BE CLEAR BY TOMORROW I.E. 11TH MAY 2010
AS TOLD ALREADY TOMORROW SELLING ON MARKET EXPECTED IN SECOND HALF

THERE WOULD BE NO GAP-UP OPENING .. MARKET SHOULD OPEN AND TRADE NEAR TODAY CLOSE

WE KEEP OUR DOWNSIDE TARGET ON NIFTY OF 4900 INTACT
THOSE STUCK ON IN OLD LONGS USE RISE TO EXIT FOR RE-ENTRING AT LOWER LEVELS