Sunday, October 2, 2011

03/10/2011 Trading Views

Nifty made a high of 5025 low of 4924 and closed at 4943 which is 72 points down from previous close.

Nifty is roaming with in the range of 4905-5030 only on break on any of this will change the condition.

On break of 4905 will take Nifty to 4868 and 4800 on break of 5030 can take the Nifty to 5110 and 5168.

Short term trend : Range bound
Medium term trend : Bearish.

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