Saturday, May 8, 2010

MAKING PROFIT IN BEAR NIFTY

Nifty future already made the downside breakout and sustaining below 5100 to 5105 levels. As per overall chart patterns it is looking to get good support close to 4950. Closing below 4950 could drag it till the lower levels of 4800 to 4805 in short term. So the safe traders could go for sell below 4950 for the target of 4800 to 4805 and risky traders can hold it for the target of 4750 in short term.

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Posted By Commodity MCX Tips