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Monday, January 31, 2011

Nifty Outlook / Update 5425-5660>>> max 5800


this time picture look like 5425-5360>>> max 5800
stoploss 5310 weekly closing


only on close above 5840 will move for 6040 / 6180
close above 5840 may be unlikely


it is adviceable to book long btw 5750-5800 and re-enter long once close above 5840 only .... even once book btw 5750-5800 can build short position for 5500-5400 with sl 5840 closing

time frame 1-2 week


OM SHRI GANESHAYA NAMAH

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