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Thursday, January 20, 2011

Where NIFTY is heading next.

For the fun of it, if we assume that NIFTY rallies again, then it is likely to test 5800-25

 

If NIFTY falls (High probability), a testing of 5636 is a probability and if it breaches, then 5545-50

 

We will be lucky, if NIFTY opens soft (I doubt), so that the cream of the movement can be utilized during the intraday trade.

 

Note that, this is a calculated guess and in reality it may vary. Please read the disclaimer before you take any action.

 

Intraday View: Bullish-Bearish Border: 5715

 

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES