RECAP
Readers who went long at 4835 would have made great money as nifty moved to 4888.
NIFTY
If nifty breaks and trades below 4842, it will indicate total domination by bears and index will be knocked down to
4805, 4768 and 4745.
Only trading above 4920 will make nifty positive and open up target of 4960.
Nifty Weekly Analysis :
http://jerrytechnicals.blogspot.com/2010/02/weekly-outlook-for-indian-stock-market_20.html
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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