Thursday, 28 April 2011

Overight View on Nifty (28-04-2011)

Nifty Intraday Chart: Nifty still moving on within the trend channel. This is first sign of bearishness. We will turn neutral in Nifty trend if Nifty closes below 5830; which is likely to happen. We are on the verge of a big fall if we fail to see a last lap surge in Nifty. At the moment we are looking for today's and this week's close.

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