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Dear Friends,
In my last update on the first week of APRIL.I had clearly mentioned the possibility of the markets to move to 2900,3200 and subsequently 200dma positioned at that point of time at 3400... Incidentally or coincidentally the markets moved in a similar fashion. Refer the last weekly note at
http://niftyviews.blogspot.com/2009/03/tsr-nifty-updates-monthly-update-for.html
I will try and change the pattern of www.Niftyviews.com with a transformation from the weekly mails to mails on respective subjects. I would continue to mention the technical levels of Nifty every week.At the same time important events will be highlighted in the weekly mailer. The fun of financial blogging is when I am able to express my feeling on markets whenever I see the trend and not necessarily on a sunny Sunday afternoon.
The main reason for the same is that I am unable to cover issues in my weekly notes which happen mid week.
I will request people to post their opinions on the same in the comment section.
Traders are also requested to send email about their trading experience with TSR.Email to vinayaktsr@gmail.com
Critical Nifty level-3290 on downside and 3515 on upside.Expiry will not be volatile.
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HAVE A GREAT TRADING DAY
VINAYAK
TEAM STOCKRESEARCHERS
Your feedback is important to me :-). Please share your comments.
Vinayak
Admin
T.S.R
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