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No trading zone
Date 07/17/08 time 10.54 pm
Hi All,
I am sure that all those who read this will be a bit disappointed. But the way the market has progressed so far does not augur well for trading, either up or down. The nifty futures has openedd at 3951 and that level will have to be taken out for us to be buyers in todays market. As i write this the nifty futures is at 3874 which means that it is way to lower and for us to sell we will have to have the nifty closing on below 3805, and that is way to far too. Hence though u may find it difficult to digest it, the best way to tackle todays day is to be away and just sit it out, wait for either one of these levels to be taken out. Sellers can still get a signal but the levels will keep rising for them from the 3805 which i have mentioned with the passing of each hour. To know the levels above which u can sell further after 12.00 pls add my yahoo messenger id
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and i will give those levels every hour there.
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sinn fien
Neeraj B
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MY BLOG:
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