We had on 16-03-2009 given the following statement:
Above 2758 next main resistances for Nifty is at 2950 and 3150 .
On 23-03-2009 in intraday nifty touched 2950.
As on 13.03.2009 the markets witnessed
frenzied buying which lifted the indices to dizzy heights.
Our next target is very close and be a bit cautious from 24-03-2009 as
institutional selling is seen,along with mass buying and the markets are prone
for corrections especially during the coming period upto 05-04-2009 .
These indications are for general information only. The markets can behave
contrary also.All market actions will be at the individual's own risk.
Vidyabhaarati.
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