Sunday, February 27, 2011

Nifty for 28.2.11 to 4.3.11

If the Nifty manages to stay above 5470 conclusively on big volumes then only one can expect an immediate term bull trend. The market is in a mid term bearish trend and unless it crosses the 5470 mark as specified, all upswings will be used to create fresh shorts. 5000 however is a strong support for the current week.

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