Wednesday, May 29, 2013

>Nifty premarket 29th may

Hi friends,
                   Yesterdays expectation was a sideways volatile market and indeed market was volatile we saw a swing of 80 points between the high and low of nifty.For a impulse we should see 3rd ending near 5150 and for a abc also c ending near 5150 so both counts suggests negative to sideways move if market goes below 6080 that would be first sign of weakness .USDINR
continues to be strong after a small correction again conquered 56+ .Overall for the day market is expected to be below 5150 .

Happy trading...

5 comments:

DR. UDAYABHASKAR said...

Fish... Is it 6150 or 5150...... Regards... Uday

Manish Shah said...

Hi,

I believe you are looking at 6150 and not 5150.

regards
manish

Masud N Pathan said...

Is 5150 actually 6150 that you ment to write or you really expect 5150 ?

Masud N Pathan said...

Is 5150 actually 6150 that you ment to write or you really expect 5150 ?

Rish said...

oh yes its a typing mistake its not 5150 its 6150 .

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