Wednesday, May 10, 2006

NIFTY HEADING TOWARDS 3800.

10, May
Nifty 3720.55

It seems Nifty is about to test 3800 region in one or two trading sessions. The rally would be sharp. Fresh long positions can be initiated at current levels. The stop for the view is 3680.

VSNL has potential of moving towards 550 region shortly.

As I have previously mentioned on the post dated 05 May, the counters like Infosys, Tata Motors, Bharti and etc are all on the verge of bullish breakout.

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

Nifty is about explode in the upside in coming trading sessions and it could test 4200 region in a very short span of time.

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