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Wednesday, January 21, 2009

Market update

As we said in our weekly view,nifty crashing after inching a bit higher. We warned you all not to go long,those who followed us are minting huge money,and those who havent are incurring huge losses. Many so called analysts,are trapped in long positions,and are now sitting n hoping for miracles.

In current scenario,nifty has support at 2700 level,if this level is breached and sustained then get ready to see more lower levels,better not to take long positions in this market. All long position holders are traped and now the Bears will get in charge below 2740 levels on nifty future. Beware and trade cautiously.

Below 2740 level,nifty can test 2700-2665-2545 levels.

Stocks that must NOT be holded-
Unitech
Educomp
DLF
Rel. Comm.

To know all the news and market analysis with exact entry n exit levels,join our PREMIUM SERVICE and start minting money from share market. Dont trade without any advice in the current market,as market is dicy!!

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Posted by Rulers!! at Wednesday, January 21, 2009

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