13 August 2011

Nifty : Will the Gap get Filled?

Another things which I would like to mention is the Gap between roughly 5230 to 5330, if markets, majority of which is dependent on Global gets into bullish mode, Nifty though after facing resistance around 5250 can target 5330-5350.

My undertone is bullish, because of the fact that there is a lot of fear that has suddenly crept into the system and people are not even willing to carry position overnight. This mentality needs to be changed before more fall can be expected.


Post a Comment