Tuesday, April 14, 2009

Is Nifty going to correct now?

To show any weakness in global market Dow Jones must close below 7850 level or atleast test that level tonight.

Until DJI breaks 7850 on downside, its seems in short term up trend and similary until breaks 3310-3240 on downside, it seems in short term up trend.

Also RIL seems in short term up trend until it breaks 1680 on downside.

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