Mar 2, 2011

EOD Update March 1 2011

In this world of fluctuating trends ... Change is always constant.

Almost in two days the dynamics of market has changed. Much owing to the Crude Factor.Let me tell you that by next week there are maximum possibilities that Crude will be $127. Hence panic awaits in market.

Much will depend on how we open tomorrow owing to negative global cues.

For tomorrow 5556 NF is the area form where we would see a retracement till 5447 - 5420 Below 5420 Carnage awaits in market.Above 5556 we will see run up till 5585 - 5620 -5656.Also around 5420-5447 buying can be initiated with SL of 5370.

Start accumalating 5600-5500-5400 puts at the peaks likely to be 5556 - 5585 - 5620 -5656
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2 comments:

  1. MaheshMarch 2, 2011 at 7:47 PM

    nifty 4800 is sure

    ReplyDelete
  2. POWERTRADEMarch 3, 2011 at 9:28 AM

    @Mahesh

    At present owing to the crude bomb looks life we will surely head towards 4800 in march

    ReplyDelete

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