Monday, August 11, 2008

NIFTY EXTENSION TARGETS




seems we are now inching towards a top ..nifty after a gap up(squeezed the shorts again) moved the whole day in a range which is around our area of 4605..till it broke out in late trade...will not recommend any fresh buying at this level rather better to keep posting profits and shifting to cash..or buy in dips only..break over 4725-50 will gallop the markets up...weekly N F targets/supports still remain same ,though this is a truncated week of trading. cheers