NIFTY TRENDS

Tuesday, November 4, 2008

NIFTY VIEW 4.11.08




ON OUR LAST POST ON USR INR WE SHOWED CHARTS RUPEE AS RISING WEDGE WHICH SUPPORTED OUR VIEW FOR SHORT TERM RALLY OF EQUITY MARKET . NOW WE ARE IN CONGESTION ZONE THOSE WHO HAD ENTERED AT LOWER LEVELS SHOULD THINK BOOK ONCE AND AGAIN ENTER LOWER LEVELS . WE FEEL THAT 2832 LEVELS WILL SOON BE TESTED .


REGARDS
NIFTY TREND TEAM

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