Friday, August 28, 2009

TODAY’S PERFORMANCE
Today nifty hit the first support and first resistant.
STOCK MARKET TODAY
Nifty managed to close above 4700 levels and market breath was positive. FII’s were net buyers for 554 crores and volume was rather good. Nifty traded in positive range. I thought that nifty would correct but it corrected in the afternoon and able to recover steadfast. Today nifty broke the 52 week high of 4734 and touched 4744, in addition it closed just below the year high level, which is a very positive sign for further trade.
I update my weekly review for this week and come week tonight or tomorrow.
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1 comment:

G.S.Dhillon said...

hmm, pls post ur trading plan or system so than others can benefit out of it