Expecting a gap down open ...
5160 5170 on spot will act as very strong support and Nifty will stop falling or may bounce from there and fill its gap ..
http://www.dhanvarsha.in/2012/03/nifty-eod-on-06-mar-12.html
upside spot levels mentioned on chart
fresh short fresh long long unwinding and short covering yesterday is showing that stock specific trades are going on ..traders initiating long positions in oversold stocks and going short on stocks which are over priced or in bad news...
5160 5170 on spot will act as very strong support and Nifty will stop falling or may bounce from there and fill its gap ..
http://www.dhanvarsha.in/2012/03/nifty-eod-on-06-mar-12.html
upside spot levels mentioned on chart
fresh short fresh long long unwinding and short covering yesterday is showing that stock specific trades are going on ..traders initiating long positions in oversold stocks and going short on stocks which are over priced or in bad news...
