March 11, 2012

nifty senerio for monday 12th march 2012........

as expected nifty trying to touch 5430 level ( posted in earlier post...)

sgx nifty trading @ 5420 level...it may go up.. up to 5466 ..5470 level...from there it self expecting sharp correction.....5525 is the laxman-- rekha.....for positional short closing basis...

intraday call.....

one can short nifty 25% at the opening @ 5420...next 25% ..@ 5450...... next 50% @ 5470 level with 5488 as intraday stop-loss.....tgt.....5320...+++ ( avg shorting rate should be aroung 5453 fut level....with 5488...25 points stop-loss...)

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