Nifty is in strong uptrend in short term as far as the level of 5100 holds.So,whenever there is correction unto this level we have chance to buy in this market.
Today we expect market to move to 5240-5250 if it trades above Thursday's high(5221).Failure to lead will take down to 5180-5170 level below that chance are that it can move to 5100 levels.
SUGGESTION:Wait for the market to correct and make fresh buying in the market.
Best to your trading!
Monday, January 4, 2010
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