yesterday we wrote that below 5525 bears will dominate and nifty may retrace to 5470 5430 ..and nifty retraced to 5437 before closing at 5464...
http://www.dhanvarsha.in/2012/03/nifty-out-look-14-mar-12.html
eod chart of nifty spot and vix is indicating that we may see some sort of profit booking today ..
nifty futures will be weak below 5505 and may see 5470 5451 5411 keep sl for short at 5516
go long above 5516 for 5541 5572 5601 stop loss 5489..
RBI monetary policy will be announced at 11 AM
will increase volatility in markets ..be cautious ..
http://www.dhanvarsha.in/2012/03/nifty-out-look-14-mar-12.html
eod chart of nifty spot and vix is indicating that we may see some sort of profit booking today ..
nifty futures will be weak below 5505 and may see 5470 5451 5411 keep sl for short at 5516
go long above 5516 for 5541 5572 5601 stop loss 5489..
RBI monetary policy will be announced at 11 AM
will increase volatility in markets ..be cautious ..
gr8 idea sharing with us thanks to u sirji maulik
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