NIFTY TRENDS

Tuesday, February 8, 2011

Updates for Feb 8th

Nifty today broke some crucial supports. We will have to watch tomorrow the movement. On the downside 5250 to 5150 is the support. There is relentless selling and all levels are being sliced through. Wait for some stability to enter any fresh positions in Nifty.


TITAN IND

This is the daily chart of Titan. It fell today with good volumes and closing below good supports. Short trade posible in it keeping 3300 as SL for a 100-150 rs downside. As market is too volatile, SL is a must.

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