Nifty
moved from
920, may 03 to
6357, jan'08..
50 % retracement is 3644 area..markets came and stopped here..Despite holding out
3774 for
3 months , this level finally held. today was a
capitulation day when specially the index shares tumbled and margin calls also played out. Hold on to your guns ..
dont panic..and
sell your stocks..stay in the sideslines..
A bounce will come..these are great price levels and
brave hearts can do some blue chip share picking..
cheers.
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