Aug 11, 2011

Inside Day


A Pause day.

As such even with so much global bullishness nifty was not able to scale 5197 and this shows the weakness.

Today was an inside day hence any side break out or break down will give a decent 100 point move.

Above 5186 target 5211 - 5258 - 5310 & below 5120 target 5070 - 5018.

Personally owing to the long weekend with Monday being a holiday i expect a sell off.


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