Wednesday, September 21, 2011

It mite go to 5250 or so... b4 it tops out

Nifty crossed above 5143 yesterday showing that the upside is still on...5250 wud offer a strong resistance to the upmove, however, if it crosses that level it could move up, significantly. I am not expecting that as of now.And if it goes below 5019 then the downside would have begun taking us below 4720 as mentioned earlier.