Mar 21, 2011

EOD Update March 21 2011

A Muted show today .....

Though the Bearishness prevailed but the fall was not severe today . I think the Fall will become severe near expiry only.Today too After whole day oscillating above 5400 NF gave all gains and move in negative terrain. The bearishness is there but the force is lacking.

For tomorrow 5380 will be the resistance to cross above which again a visit to 5425. On the contrary Below 5450 we are surely visiting 5257 and much lower.


Now the SL for shorts can be raised to 5531 NF.


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