Thursday, December 29, 2011

Nifty was sent in depth by 5, 5 minute candles

Yesterday we asked  to predict for Nifty expiry
  Nifty settled at 4646.25 and  Mr Ranga Raj from Bangalore  predicted ..
Congratulations !!!!
 1 week  free Dhanvarasha tips

Nifty was sent in depth by 5, 5 minute candles
good news sent nifty  down ???
Food inflation fell to its lowest level in almost six years at 0.42 per cent for the week ended December 17, with a sharp decline in prices of essential items like onions and potatoes likely to prompt the RBI to cut interest rates

 "The markets may move to 4,900-4,950 levels in the first part of January but overall the short term chart is bearish and one should liquidate long positions at these levels," Shardul Kulkarni of Angel Broking said.

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