Monday, March 2, 2009

Nifty on March 02, 2009




Great day for bears !! It opened just above the 2780 level given yesterday @ 2785 and then bang bang booooooooom closing just below 2630. The eventual target for todays head and shoulder breakdown (BD) is around 2390 +/-. On the weekly also the market is on the verge of giving a triangle breakdown (BD).

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