Thursday, April 1, 2010

Nifty still dancing near 5300

Nifty is still hovering near 5300...the trend is UP and the probability is there of Nifty breaking 5300...this would be confirmed if it closes above 5300 for 2 days...lot of new longs will be initiated and we can see 5450-5500 soon then

VIX is low...FIIs are still pumping in huge money...cheap capital is still finding its way into the markets...you must dance while the music is on!!

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