Hi Friends, i couldnt update my blog for the last 2 days due to internet problem at home, it will be updated daily henceforth.
Nifty made another low for the year yesterday and moved up, so have we made the low for the year?? well i dont think so. nifty charts shows 2 dojis which is a signal of in descision.
but i think, we might get a small upmove before nifty tests its next support at 4200.
for today, nifty has to cross 4475 for any sustained upmove.
above 4475, nifty will hit 4550.
a closing above 4475, will confirm that 4200 is not comming in this week.
however if nifty breaks 4403 today, it will be very weak, and we might make another low for the year.
