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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Wednesday, May 10, 2006
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.
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.
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