trade with caution
Hi friend,
The Market ended the week with a big rally & closed at 3475.The intermediate uptrend is intact & if Nifty is able to cross 3500-3520 then it faces resistance at 3640.but be cautious as swine flu acting as trigger for profit booking.As I say before one must keep an eye on global cues which are positive up to now.The next target for Nifty is 3640 & 3740 with strict stoploss at 3300.Towards downside it can go up to
3270,3150,2953& even 2782. enjoy trading.
thx.
Yours
Rajesh
2.5.09
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