July 4, 2014

Weekend update

Trend is up with nifty closing at weekly high AND lifetime high.... this is a very good sign.

SL for nifty is now around 7440 and then 7100... these are minor swing lows on weekly charts.

On daily charts, nifty is likely to target 8000-8500 levels.

A post on broader view of the market targeting 9000 is posted here.

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