Tuesday, May 09, 2006

HOLD YOUR LONGS, STOP 3680

09, May
Nifty 3693.15

Now, Nifty has potential of testing 3750 region today. A small correction is possible from there. The stop for the longs is 3680. In one or two trading sessions, the rally would pick up momentum and the upside moves will be quicker than now.

Majority of the individual stocks are ready for a strong rally.

Nifty is forming a big base for a strong rally and it has potential of moving towards 4200 in a very short span of time.