Sunday, June 10, 2012

Next Week Target range

Market often moves higher when very special is expected. However this time it has already resistered this year's highest single weekly gain. Hence it may pause and trade in range of 5123 to 4964
Without fresh hope, Nifty technicals are not strong enough to move higher than 5123
Do not rush to take short position, below 4957 for this week. Nifty may surprise this week.

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