Today our clients Booked Nifty @ 4905.....I had given a target of 4910.....And todays high was 4909.70..............We are in long position from 03/11/2009 from 4570 levels....we earned almost 335 Points in single lot in 6days ie Profit of Rs 16750/- in single lot.....
For me, now onwards Nifty is in NO TRADE ZONE....Now i will be carefully watching next 5-6 sessions, it will decide further trend for the market....as of now OI, VOLUMES are suggestings nifty Dragging below 4700 .....(Its Just a View, Trade as per your own risk)
As i have mentioned earlier as 4630 as 100DMA, and told that nifty can bounce from here, And Nifty gave a good bounce from these levels and rested @ 4875-4900 (its 38.2% Retracement of the fall) or can move to 4990(61.8% Retracement).........Either of these 2 points can can be last top before nifty to fall downwards to 4450-4520 Levels
Closely watch my blog, i will be giving a short call very soon
Happy Trading,
Happy Trading,
VSS SECURITIES & INVESTMENT
ADITYA V. SINGH
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