In view of +ve divergences appearing in many stocks and some indices, a bounce is expected. Earlier 9400-9440 has acted as strong support and the same may be attempted.
A "Pause" in the fall, "profit booking by Bears" for few days.
Friday, May 21, 2010
Bank Nifty continues to show weakness...susceptible for big falls.
1. RIL 2. SBI 3. Tata Steel.
In view of +ve divergences appearing in many stocks and some indices, a bounce is expected. Earlier 9400-9440 has acted as strong support and the same may be attempted.
A "Pause" in the fall, "profit booking by Bears" for few days.
In view of +ve divergences appearing in many stocks and some indices, a bounce is expected. Earlier 9400-9440 has acted as strong support and the same may be attempted.
A "Pause" in the fall, "profit booking by Bears" for few days.
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