Well........Today's Once, Again......... Above................5399.00 Mark....Nifty Future, May Try to Hit....5427.00 and than..........5449.00 too in Today's Trading Session.....
More Power , But Only and Only Above..............5451.00 Mark...Above that Mark...NIFTY FUTURE, May Try to HIt....5479.00
With Nifty near its major support level of 5350 and Inability of Indian markets to respond to global markets, threaten the current consolidation mode. Libya air strikes continue as new risks in the form of Bahrain, Yemen and Syria starts to weigh the crude oil price. Any price above $105 for Crude Oil will start hitting the Indian economy.
No doubt one can pick stocks from a two year perspective but short term traders are adviced to wait with patience until Nifty breaks the major resistance with good volume