If the NIFTY (futures) goes above 2830 and sustains, then it is a good buying opportunity and one can look for a gain of between 75 to 100 points on NIFTY Futures.
If it closes below 2750, then the existing rally seems to be over and one can go short with a strict stop loss of 2810 and a price target of 2685.
Wednesday, March 18, 2009
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