October 15, 2010

Closing Bell Tradology

As Tradology Team has guessed yesterday ,  bears are back with very strong seling power. 
Today through out the day Nifty future was under pressure and trying to sustain 6122 level. Which was broken at last hour and then 6102 support level was tested too ! 
 Now what is next ? Will bears go away from monday and give some ground to play bull game? 
Well, Nifty future actually did not fall as hard as it rose last week. We are watching this move as consolidation and we are still bullish on market for short term. one can buy at dip till Coal india ipo comes out. 
Wish you all very happy weekend. 
stay here with you for more details on monday. 

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