Wednesday, March 31, 2010

Nifty Update

Daily Indian VIX Chart
If tomorrow Indian VIX closes above 20.27 then Indian market will be under pressure and if it closes below 19.4 then further up move can be expected in the next week.

Nifty still is moving around its bullish zone, but panic selling can be witnessed  if Nifty closes below 5187. Further rally can be expected if it closes above 5297.

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