Saturday, July 16, 2011

Nifty

Which came first the Egg or the Chicken? I'm not sure.

Nifty can either head to 5670 first or head to 5526 / 5500 and then head up to test 5670.

Eitherway we have to go down - So my advice would be to short at 5670 if we head there first or cover shorts taken and wait for price to go to 5670.