Thursday, February 25, 2010

ANY PRE BUDGET RALLY TODAY ( FEB 25 )...?


Hi Buddies,
How are you doing..?
Everybody eagerly waiting for FEB 26?
Let the announcement favour anybody..
We do our job..Right..?
Technically Nifty Futures
has to cross 4933 to reach
some higher levels soon
within March 10
After 4933 it has to touch 4992 & 5024 within 3 sessions.
But before that it has to cross the
45 degree(4930)
GANN Angle and close atleast a day above this level.

So many pessimistic signs such as
'ADVANCE,DECLINE Ratio not favouring bulls,
Lower participation of the investors in a bulls run
Higher volume in bear's engulfing
&
Strong resistance of 45 degree GANN Angle,
with low as 4667'
all shows that Market will struggle to go places
for some days.


Day Traders be very carefull in your trading.
Do not enter into any trade unless & until
you find any strong breaking of levels
All the best.



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