Wednesday, October 22, 2008

NIFTY INTRADAY LEVELS FOR 22nd OCT

For intraday, nifty weak below 3210, may see 3170.

now 3167 is a very imp level for the rest of the week, and closing below it will be bad for the bulls.

yestrday, nifty gave a breakout, but couldnt sustain it, so bulls have to be a bit cautious. 


However we are also making higher bottoms and higher tops, so signals are mixed.

Crossing 3266, nifty may go to hit 3309-3336, please trade with strict SL

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