Friday, September 30, 2011

Nifty Weekly Trading

Yesterday I just miss the opportunity to buy 4900 Ce as I am not much convince of crossing 5000.

But market is always supreme.

It surprises us oftenly & it did again tomorrow.

Now yt for new series?

Nifty try to cross & sustain 5000 but today openeing again below 5000.

My view now remain bearish

Short near or below 5000 sl 5050 closing basis.

Long can be made intraday near to 4930 level for 30-60 points.

I may not update intraday due to business commitment.

Can buy 4900-4800 pe also with same 5050 sl

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