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Friday, August 24, 2007

Nift may Volatile but may sustain above 4000 mark

Hi,

It quiet a long time, I'm back again. hope may not be again any break or intervel

As far as the long term trend Nifty volatility is not effected & It may sustain above 4000 mark.
If is above 4000 mark no problem for medium term and short term traders.

Otherwise a correction may come and nifty may come upto 3500-3600 level, but chances are very less.

You can see that some correction already happend. It came down from 4550-4600 to 4100-4200 level.

Becareful short term traders

Long tem traders, this is the time to invest, but in small quantity only.

Medium & Long term call:-

Geojit Buy 36-38 Stop Loss 28.45 Target above 60