Monday, January 22, 2007

Nifty for 22 Jan 07


These are my personal musings. These are not in any way meant to be trading advise. To view the full chart, right click and open in a new window.

Monday was another rather boring day for traders looking for excitement.

Do we think the correction is over? Well, I still do not think so. I think that the Nifty could correct down to 4020.

The short term trend was assumed down, and the intermediate term and long term trends are still up. Dips may still be used to enter buy positions.

Trade happy.

2 comments:

pandyaketan said...

SIRJI, THE IMAGE HAS NOT LOADED. PL SEE AT UR END IF IT WORKS !

Dusant said...

I have checked, and edited the link to make it work.

My apologies for any inconvenience.

Dusant