Thursday, February 11, 2010

Why did Indian Markets fall today?

Entire world markets were trading higher, US closed near 2% in gains and even UK opened and stayed in green but Indian Markets fall like a stone… why? The answer is all behind the waves…

After completing its target I am expecting at least 50% pullback to 4785, while in SPOT Nifty it is making a pattern which is suggesting a pullback all the way till 4840-4850 in the SPOT Nifty

I have a call to Buy 4800CE @ 82-84 , Stop @ 75 and Target above 110 – 120 in coming days.

 

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