THURSDAY- 24.05.2012
NIFTY
Yesterday NIFTY-spot showed no signs of weakness despite all the world markets are bleeding. On the contrary, NIFTY was showing some strength.
Yesterday, all european markets bleeded like anything. All the European markets CAC, DAX, FTSE ended in the RED.
But as our chart suggest, I feel NIFTY will show some upmove in the coming days (see chart).
It has made a higher highs and higher lows in the past few days.
TRADING STRATEGY-
Buy NIFTY with strict
SL-4742.8(spot) for targets of 4850, 4900 in the coming days.
NIFTY
Yesterday NIFTY-spot showed no signs of weakness despite all the world markets are bleeding. On the contrary, NIFTY was showing some strength.
Yesterday, all european markets bleeded like anything. All the European markets CAC, DAX, FTSE ended in the RED.
But as our chart suggest, I feel NIFTY will show some upmove in the coming days (see chart).
TRADING STRATEGY-
Buy NIFTY with strict
SL-4742.8(spot) for targets of 4850, 4900 in the coming days.
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