Wednesday, January 27, 2010

TODAY'S STRATEGY (JAN 27)



Hi Pals,
Monday during pre market hours written that Nifty has greater chances to slide upto 4972 if trades below 5050

And that is what happened @ the earlier session (slides upto 4976)
Also written many times to sell @ any rise.
O.K. Guys…What next?

Nifty faces strong resistance @ 5044.
So for a forward rally it has to cut this level with volumes in a normal opening…

On the other hand, it looses its strength completely below 4964 so that it should reach the level of 4910 within a session or two…



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TODAY’S QUOTE

Ambition is a Dead Sea fruit, and the greatest peril to the soul is that one is likely to get precisely what he is seeking.
-Edward Dahlberg in Alms for Oblivion

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