Saturday, November 14, 2009

Nifty trend is UP..again!

The Nifty trend is up...again....after a V shaped recovery from 4550 levels

So is it different this time? Will the Nifty continue going up without correcting significantly?

The more long lasting the trend, the more violent the end. The trend is your friend until it ends. And they ALWAYS do.

However the trend is UP now and we must respect the trend. As long as the Nifty remains above 4900 it is safe to be long.

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