Tuesday 29 October 2013

Dated :- 29.10.2013 (TUESDAY)

                                                             NIFTY    6220.9
Hi,
Readers,


As was mentioned in my last blog that actual bearishness in Nifty will come only if it breaks below 6050. Nifty did not even tested this level.

And it was also mentioned that if the Nifty holds 6110 than it will give a rebound. Now see the rebound is there. Nifty rebounded and closed at 6220.9.

Now What :-
Enjoy the rebound and keep booking profits.
Levels to watch on up side are 6252 and 6350.
On down side 6110 and 6050 shall act as support.


Enjoy the profits.


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