Sell with stop 1605 EOD, target 1275
16 July, 2008
13 July, 2008
06 July, 2008
02 July, 2008
01 July, 2008
Long Term View
Nifty has fallen considerably from 6356 to below 4000 level. It is now approaching a long-term trendline which has held from 2004. Will the fall stop here?? We have to wait and watch. For now 3877 would be a support. If this doesn't break we could bounce up.Below 3877 we can see 3552 and below that 2666 on the Nifty.
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