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Wednesday, November 5, 2008

Nifty update 4November

Open 3050.25
High 3152.30
Low 2985.00
Last 3142.10
Prev. Close 3043.85

As i told u all in the morning before opening bell that 2980 is support for nifty,and see the accuracy nifty made low of 2985 and then traded in the range 3000-3050 for hrs,and soon as it breaked 3080 level,it just spurted to 3152 level. We clearly told u all that abv 3080 level nifty will zoom n touch 3120-3170. So nifty made an high of 3152...abv our frst level and below our second level.

See what we said on sunday in our market view of 3-7 November-http://www.orkut.co.in/Main#CommMsgs.aspx?cmm=50012908&tid=5235445312909209823&na=4&nst=195&nid=50012908-5235445312909209823-5264235814429126879

Exactly the same,nifty zooming n achieving all our uptrend targets. But after our uptrend targets,nifty can see some selling pressure at 3250-3310 levls,so now its the time to book profits from long positions and stay with cash to again mint the money from share market!!!! Now nifty have major resistance at 3280-3350. If not crossed then again selling pressure will build up,so Buy some PUT options at rise,to hedge your holdings in coming days!!

Be with us,and keep minting money from our accurate market view!!Dont leverage positions in current market,keep booking profits on whenever-whatever basis!

Hope u all must have minted hugeeeee money woth our market accuracy. Onle we provide this much accuracy in market analysis. Join our PREMIUM SERVICE,to earn more money from share market. Contact at- 09935466303
Posted by Rulers!! at Wednesday, November 05, 2008

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