As market is entered in overbought zone and market moved with hesitation to this higher level due to short covering in panic ...indicators too are showing confusion therefore there are chances of profit booking so be ready to exit from your longs if you see the negative bias ...at any time ... fresh long positions in heavy weights are not recommended at this point ...
Thursday, March 4, 2010
Nifty Futures Levels
<<<4953.00>>><<<5011.00>>><<<5046.00>>><<<5060.00>>><<<5082.00>>><<<<5096.00>>><<<5118.00>>><<<5154.00>>>
As market is entered in overbought zone and market moved with hesitation to this higher level due to short covering in panic ...indicators too are showing confusion therefore there are chances of profit booking so be ready to exit from your longs if you see the negative bias ...at any time ... fresh long positions in heavy weights are not recommended at this point ...
As market is entered in overbought zone and market moved with hesitation to this higher level due to short covering in panic ...indicators too are showing confusion therefore there are chances of profit booking so be ready to exit from your longs if you see the negative bias ...at any time ... fresh long positions in heavy weights are not recommended at this point ...
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