Thursday, August 27, 2009

RTU 28 Aug '09

1225 Hrs IST :
Nifty is forming a triangle....breakout could be on cards. Since i see weakness. Breakout could be -ve. Wutever it is it will be HUGE!

1312 Hrs IST:
Ppl losing may find comfort in following support levels
4660--4650(latter being Yesterday's low)
Still i wud recommend EXIT at every rise.





1350 Hrs IST :
Signs of recovery cud be misleading. A diverging triangle can not be ruled out. Bears are not going to let it easy. Watch out & dont get trapped at higher levels. BREAKOUT in either direction cud result HUGE volatility & momentum.





1411 hrs IST : Speculators do go wrong. Global cues are affecting today's trade. Very few day where lowest & highest point of trades have been broken. Watch out n play safe, If at all :)

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