Re: Austral coke - koolfriend4u
Do you see nifty hitting new highs of 5200+ this month or shall we correct before further upmove ?
What about Ashokleyland and Suzlon ?
Hi bond
my personal view:
Honestly my inner feeling & wish : I need bear market from 5150-5180 level
In this juncture many of us follow a thumb rule : if ppl seems to bullish / bearish - they take contra view & go.
So act accordingly.
Technical view:
until we stay above 4900, we are in bull market alone.
once we close below 4691 - we entering in to bear market.
Global cues, dollar -dead cat bounce, liquidity are the indicators which going decide the market direction.
levels to watch are :
Res:4930,4950,4980,5010,5150,5181,5204
Sup: 4860,4805,4784,4725,4691,4530
Happy trading