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Friday, April 29, 2011

NIFTY STRATEGY - APR 29TH

-Yesterday as expected and written not crossed our mentioned hurdle and crashed upto 5820 & there after broken 5793 level too.
-Now ,Today ….What to expect ??
101% ,Below 5804 it will favour Bears only.
-Nonstop slide upto 5761—–5747.
There after watch Bloodbath upto 5703-5690 level.
Suppose not breaks low of 5776 then ?
-Hurdle at 5815-5825 ,Above 5825 if trades with volumes will take to 5854-5864 level.
5952-6017 are Major Hurdles.
Yes ,6017 is LAXMAN REKHA !
Three Consecutive close +Weekly close above this level will take to 6211-6270 level.For this type of rally…..we need some great results +We need Great FII’s money then only we will see strength !