Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, April 30, 2010

Reigning The Nifty - 30th April, 2010

 Daily Chart

Half Hourly Chart

The Nifty is yet stuck within the 5160-5400 range. Inside day on daily suggests skepticism about continuation of the upmove. The first signs of the upmove continuing would be trade above 5290 .

Wait for scaling of Resistance at 5317-5322 for longs  and break of Support at  5208-5213 for shorts.

Happy Trading !!
Lakshmi Ramachandran


anurag said...


What would be your advise to Long term and medium term investors.Should they sell their holding and stay away from market or can they stay invested.

and Please also share that if fresh investments is advisable at current markets price.


Lakshmi Ramachandran said...

anurag, sorry for the delay.dont sell ur holdings if they are of good companys.however fresh investments may be made in instalments on dips