NIFTY LAST WEEK HAS COME DOWN 265 IN CLOSING BASIS MADE A LOW 4838 AND CLOSED IN 4906,,,BUT NIFTY SPOT HAS A 13 POINT GAP WHICH HAS NOT FILLED IN FRIDAY AND IT TOOK A SUPPORT @ 4838 FORMED A HAMMER PATTERN,,,,,, SO THE DOWN SIDE MOVEMENT HAS HALTED AND TAKE A RELAX,,,,IT TAKEN REVERSAL,,,SO THISE MOVE WILL GO UP TO MAXIMMIUM 5000,,,TO ,,,5500......IN 5500 LEVEL TRADER'S CAN GO TAKE FRESH SHORT POSITION,,,,,
BANK NIFTY CAN MOVE UP TO 9150---9300 LEVEL AND IT WILL BE THE FINAL RALLY FOR OUR INDEX FOR 2011,,,,,,,,,,
10:42 AM
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NIFTY LAST WEEK HAS COME DOWN 265 IN CLOSING BASIS MADE A LOW 4838 AND CLOSED IN 4906,,,BUT NIFTY SPOT HAS A 13 POINT GAP WHICH HAS NOT FILLED IN FRIDAY AND IT TOOK A SUPPORT @ 4838 FORMED A HAMMER PATTERN,,,,,, SO THE DOWN SIDE MOVEMENT HAS HALTED AND TAKE A RELAX,,,,IT TAKEN REVERSAL,,,SO THISE MOVE WILL GO UP TO MAXIMMIUM 5000,,,TO ,,,5500......IN 5500 LEVEL TRADER'S CAN GO TAKE FRESH SHORT POSITION,,,,, 
BANK NIFTY CAN MOVE UP TO 9150---9300 LEVEL AND IT WILL BE THE FINAL RALLY FOR OUR INDEX FOR 2011,,,,,,,,,,