nalco can be added for short term . cmp 345.
we have tested today last top of 15580 we had seen before going for last painful leg for correction from 15580 to 7697.on crossing it we can see 16k also.
we are in a very serious resistance zone area so keep very very strict stop losses on yr long positions.as i mentioned yesterday watch ril( rpl also). today it has closed up by 2% , if we have to cross 15580 we need ril moving up.
Wednesday, June 10, 2009
15580 TESTED
we have tested today 15580, a major resistance level from where last leg of correction was started.it is better to be cautious then repent later....
dont miss to book profits.dont be content with notional profits only.
in prev days i had given resistance levels of 14931/15107/15580 and 16000 for this upmove.
dont miss to book profits.dont be content with notional profits only.
in prev days i had given resistance levels of 14931/15107/15580 and 16000 for this upmove.
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