Sunday, August 9, 2009

Fwd: BULLISH OPTION AS ON 7.08.09


in last mail i had shown a blue trendline for upmove. it is formed by connecting levels of 14786 and 14888. actually if we observe nifty charts it has tested on friday on similar levels. so i have tried an optimistic bullish option. if we follow the same we can see level betn 16k and 16.9k in coming days and that can be end of this rally from where we can see a decent correction.