Thursday, March 30, 2006

NIFTY STILL BULLISH, STOP 3370, TARGET 3450

It seems Nifty could test 3450 region in one or two trading sessions. The stop for the view is 3370. Buy Infosys around 3030 for a target of 3150 with a stop at 3000. Buy Reliance around 790 with a stop at 780. The short term target is around 825.

Here after the momentum in the upside would pick up in coming trading sessions and it would continue for few months. The corrections in this market will also be sharp and steep.

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