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Wednesday, January 14, 2009

Morning update Wed, 14thJan:

Morning update Wed, 14thJan:
The last hour recovery in dow and +ve futures along with Asians trading firm this morning have influenced a pause for further drifting in nifty. Still no major up move is expected in initial hour and traders should try to reduce short / PE positions in the first hour of trade as well use close TSL for rest of the session. There are some chances for ‘heavyweight’ induced bounce which could be further used to short again.


http://niftypredictor.blogspot.com/

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DISCLAIMER:

Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.