Wednesday, April 13, 2011

Dhanvarsha crucial Nifty Futures Levels and market prediction


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  Gap down opening is expected with reduced volatility .crude prices came down a little …Indian rupee is gaining strength, maximum indicators are at over bought zone. Japanese candle sticks  proved their importance that they are leading indicator   … Profit booking is gearing up  market is in short term sell zone…advised to book profit at each swing high as market turned its direction on hourly chart to down side .avoid catching the falling knife 
 …FIIs initiating short positions in index futures since 1 week and were net sellers in index futures too …IIP numbers declared  below the expectation and inflation is climbing on roof top …SGX nifty was trading below 1 % 

Have a gud day 

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