power house for nifty technicals and stock market fundamentals with charts and technicals.
Wednesday, July 1, 2009
SWINGING MATCH
Nifty gave a huge swinging day today close to app. 460 points..Great gains for all techno traders today ( All our CLIENTS went home grinning with good profits today)...As written in the morning we are in range of 4250-4350..breakout/in expected from this range soon..Trade accordingly..cheers
MONTH AHEAD
Another signature of Monthly lower close took place yesterday, so lower settlement & monthly close. the S/R for JULY MONTH should be around 4400 with a Trading Range of 3900-4900..Momentum stocks bore the brunt of unwinding , range on lower side got breached yesterday , so for the day look at 4250-4350 range..lets see how markets move in the coming days..trade with the INTRDAY TREND..with strict SL will work..enjoy the day cheers.
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