As said by us yesterday It was a BLACK MONDAY and we are below 200 EMA.We see a Falling Wedge Pattern in 5Min Chart and also Positive divergence in EOD Chart. On Break of 4990 on Upside go Long, Target may be around 5150 to 5180.Book your profit at your convenience. Dont hold overnight Positions.
Overall market is in Bearish Phase.
Tuesday, March 4, 2008
# NIFTY FUTURE for 04/3/2008/
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