Friday, December 31, 2010

Nifty is Bullish





•The Nifty has come out the range of 5700 to 6100
•A number of other patterns and studies in various timeframes are showing a bullish upmove for the nifty
•Western, European and Asian Indices all continue to be in uptrends so the global scenario is conducive for an upmove
•FIIs have been buying for the last few days so that is a positive sign
It is highly probable that the early months of 2011 should prove extremely strong for the market. Have a great yaer ahead!

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