Thursday, June 4, 2009
Reigning The Nifty - 5th June,2009
Support at 4450 has now become strong after today's retest at 4453 forming a double bottom with a target of 4685, though the high of 4586 needs to be crossed. Other support levels are marked on the charts.
The continuous rise is tiring everyone who is waiting for a fall. Don't get too tired and jump into this speeding markets. If you have to, then do so with a proper strategy. Else wait for the elusive fall.
Happy Trading !!