Thursday, July 22, 2010

NIFTY UNEXPECTED EOD JULY 22


TODAY IT WAS TOTALLY UNEXPECTED MOVE THAT NEARLY SHOCKED ALL ANALYST IN LATER HOUR INFACT LAST 1 HOUR. SOUND ECONOMIC DATA FROM EUROPE ROCKETED ALL EUROPE INDEX'S FROM FLAT -VE TO 1% UP IN NO TIME.
NIFTY TOO FLY WITH EUROPE CUES & DOW JONES FUTURE FROM TOTAL GAIN OF 75+ POINTS FROM TODAY LOW

BANK NIFTY REALLY GAVE A HUGE SUPPORT FOR NIFTY TO ROCKET SUDDEN 50 POINTS
METAL SECTOR RALLY ON CONSECUTIVE SEASON HELPED A LOT

NOW STOPLOSS TRIGERRED (NEARLY) IN BOTH NIFTY & BANK NIFTY WHAT TO DO NEXT?

TEMPORARY NEWS BOOST DOESNT MEAN THAT BULLS ALWAYS HAVE UPPER HAND BUT WAIT FOR TOMMOROW NIFTY TO TOUCH EVEN MORE HIGHER LEVEL AND THEN SHORT BUT WAIT FOR UPDATE

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