Monday, March 27, 2006

BUYING MANIA IS ABOUT TO START

Hold your Nifty longs for the next target of 3400. Buy Satyam around 820 with a stop at 813, for a target of 840. Buy TCS around 1885 with a stop at 1875, for a target of 1930.

Though I am forecasting a level of 3400 region for the Nifty, it doesn't mean that Nifty would turn weak from this region. In fact, Nifty is about to explode in the upside when it crosses 3400 region. Anybody interested in knowing the technical strength of the market, can refer the medium term chart posted by me in the February and it is accessible through the archives section.

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