Wednesday, November 7, 2012

NIFTY: A pause before another bull run.

Hi friends, take a look on spot Nifty, it is looking that Nifty is just taking a sprint before run, MACD line is in positive Territory and again it is going to cross signal line, as seen in past history once it occurred Index run 5-6% sharply, so once it happen 5950 just the matter of time, and may be 6120 can reach in that rally. So friends keep a close eye on Daily chart of Nifty and the MACD, and very frankly, once it will happen, I am going to withdraw all short position and will do reverse.

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