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Tuesday, March 15, 2011

NIFTY STRATEGY - MAR 15TH

NIFTY
Yesterday written NF will zoom to kiss 5544 level.It went upto 5562 & closed at 5555 level.
Three Consecutive close above 5499+Weekly close is must will take NF to 5693—5758 level.

Thirty Traders ,Just watch :5572 level.
Yes ,Once crosses this level with volumes …..Don’t remain short.
Nonstop Rally upto 5612–5625 not ruled out.
Suppose not crossing High of 5562 (Y.High )
Then Support exist at 5525-5516
Decisive break below 5516 will take to 5488—5479 level in PANIC.

Watch Triangle of 212 Points !
Either NF will Spurt to kiss 5700+
or Will crash to kiss 5200 level.
(For 5200 level ,NF will have to break and close below 5400 level )

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