Wednesday, May 25, 2011

NSE-Alert

Since all the indicators are indicating a little more fall on NIFTY....therefore it is expected that the NIFTY may fall to  5250-5270 level from where a bounce back is expected. This may happen only if NIFTY broke below 5350 on closing basis that is its long term support trend line.
So tread cautiously.......and accumulate stocks around 5350 and 5250-5270 levels

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