Tuesday, April 10, 2012

5200 Building As Support Level For April

Today’s market has seen some buying at lower levels and stock specific action.
At present 5200 offering a support and break of this level will easily drag Nifty to 5050 level
As results season going to kick in still Indexes will face resistance at higher Key levels
5400 is key Higher level and 5200 is important support level from few months
Don’t take heavy long positions and avoid small cap stocks
Cut the greed to make higher returns.For time being stay with the cash and look for better buying opportunity
Best to your trading

No comments:

Post a Comment