Market updates for 05/02/2013
Nifty daily chart
As expected Nifty has continued to fall and now it has closed below psychological level 6000 by closing at Rs.5987. Now it is likely to test 5950.
SBI weekly chart
Scroll down and refer market updates for 31/01/2013 we have initiated short in SBI fut at Rs.2446 what is the price now Rs.2363 how much profit ? Rs.10375 per lot. We are still holding short.
Nifty medium term trend
| Trend | UP |
| Initiation Date | 29-11-12 |
| Initiated at | 5825 |
| High since change | 6111 |
| Reversal if closes below | 5800 |
Thought for the day
Never tell a problem to anyone because 20% don't care and 80 % are glad you have them - Lou Holtz
