Thursday, February 4, 2010

Nifty Update – Retracement On Spot

Yesterday I suggested to short Nifty around 4930 and first target was 4880 and second is 4810.

Here is how chart looks today as of 1:30 pm

image

 

Related Posts: http://blog.vikasverma.com/2010/02/nifty-positional-call-bullish-wave.html

Update: I am out of my position @ 4868.. it may bounce back all the way to 4905 but I am not in the trade

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