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Thursday, July 28, 2011


Nifty looking very weak. It stopped on the PINK line . But I think 5430 is the final target before any 50-100-150 point upmove. Looking for a hit at the GREEN trend line.

Parrallel channel lines have been hit . so shall we turn from here .  or more down side left . not sure .

Final chart for NIFTY today .i think we are rally now . Monday should be closing the GAP at 5548.  Nifty may even climb higher to touch that BLUE trend line .

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