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Tuesday, May 12, 2009

For 12 May 2009


As said breaking of 3617 will go to3592 and if that also breaks then will take nifty 3540....it touched 3532...as said 3526 was protected.....it has to be protected on weekly basis to protect deepsouthward journey........

For today I am expecting selling after opening higher.....but if crosses 3584 and traded above 3595 with volume then expect upside up to 3635.......

Today if open positive and not crossed 3584 go short with sl 3595 fot tgt of 3526...if 3584 crossed and takes 3595++ with volume then only think to go long.....

Today's support 3526....its a majot support if breaks then think correction more deeper......
Now take a review of my posting from last monday.....see levels by levels....good luck!