NIFTY TRENDS

Thursday, February 24, 2011

Nifty update 25 feb




A very volatile month with wild moves in nifty. Today Nifty fell more than expected. There was a gap down in nifty with huge vols. This is not very good for market. The next 2 trading days should be avoided as Rail budget and Union Budget. Nifty is also near Trendline supports. All bounces will be a fresh short as of now.

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