Friday, May 05, 2006

ENTER AT LOWER LEVELS

05, May
Nifty 3648.40


If Nifty stays above 3620, it would move above 3670 region. If 3620 is violated, then it has possibility of testing 3580.The stop for the longs is 3620.

Counters like Infosys, Telco, and Bharti are on the verge of bullish breakout.

Nifty is forming a big base for a strong rally and it has potential of moving towards 4000 in a very short span of time.