Saturday, March 6, 2010

TREND WATCH-MARCH 8

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150.

--- The up trend will ‘terminate’ below 4834.

· In the short term,

--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.

--- The up trend will ‘terminate’ below 5049.

(Targets are +/- 20 points, ** means target achieved)