Monday, June 16, 2008
NEWS LETTER DAILY UPDATE
The high of Monday market will play a very crucial role today, if market gives closing after crossing it then the bull run can be seen for 1or 2 days. But if it does not happened the same then this level become a big resistance, to cross that resistance market will take a few more days. Market will make new lows. Inflation is d biggest danger of the market, which will pull down the market again and again, so take an exit whenever there is a higher level and take the entry back in the low.
If today NF crosses 4595 then it can go 4620, 4654 to 4731 but the resistance of 4610 is very strong, but if NF breaks 4563 then it can go 4543, 4499 to 4378.
Trade very carefully today because market can be very volatile.
www.prafulstockpiks.com
If today NF crosses 4595 then it can go 4620, 4654 to 4731 but the resistance of 4610 is very strong, but if NF breaks 4563 then it can go 4543, 4499 to 4378.
Trade very carefully today because market can be very volatile.
www.prafulstockpiks.com
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