3/09/2010 07:36:00 PM


Today Was A Dull Day For Nifty As It Played In A Very Narrow Range Also Today Was Insider Candle Which Cannot Help In Giving Direction Of The Market but it conveys that there is no conviction in the buyer and sellers in nifty and show it did not cross yesterdays high and low but closed just below yesterday close which does not conclude any direction So Tomorrow If We Do not Trade Above 5150 And Trade Below 5080 Nifty Shall Become Weak And Shall Drift Down To The Levels Of 5050 – 4980 – 4950 Nifty Shall Be Very Weak If Closes Below 4950 Levels And Can Retest The Previous Low Also Tomorrow There Is Inflation And On Friday There Is IIP DATA Which Shall Decide The Trend As Of Now This Is No Trade Zone