This site is not for trading or investment tips. I record my observations about the market for my own improvement. DO NOT FOLLOW ANYTHING WRITTEN HERE !!!. I am not a certified financial person any person following this blog will be doing it at his own risk !!!
Wednesday, July 4, 2012
Nifty view for 05-Jul-2012
Shown below is the Nifty view for 05-Jul-2012
Option data suggests 5400 as possible resistance in the forthcoming sessions. Watch for wekness in Nifty at higher levels and look for opportunities to go short. Below 5250....Nifty may touch 5160 a 90 point down move seems likely if it breaks 5250.