As said nifty spot at 6090.....now 6045 on card...but ..WHAT IF NIFTY SPOT 6045 ALSO BREAKS AND CLOSE BELOW THAT.....A BIG QUESTION....BE PREPARED.........

For 15 Oct 2010

As said yesterday..it crossed 6260 and touched 6284...just missed 6300 mark...and then most of the time of the day it was trading near 6233.....at midsession it broken 6233 decisively and you have seen the effect...
Todat...nifty spot has to protect 6156 level.....then it might go towards 6220 again....if 6156 breaks then 6090 on card....above 6184 no problem for bulls...

For 14 Oct 2010

As said yesterday..first high was 6120 and came down to 6091 then bounced..at 6150 ..little pause but momentum was so strong that it crossed earlier high....As shown on chart there is resistance at cmp 6233 as well as negative diversion taking place..if nifty spot cross 6260 then 6300 or even 100 points more possible..else here it will take a turn....bigger or shorter that should be decided at 6030/5940 level.....