Saturday, September 25, 2010

nifty

nifty tgts in the short to medium term are 6700-7000.!
quite stunning the targets look at the moment.

all over the tv , net etc experts point to 6300 as the target which is a very simple technical tgt.
however at this moment the index looks much more bullish than that and given a lot of index constituents havenot fired, much higher levels are to come and simply will exceed the consensus bullish tgt of 6300.
all those who sell at 6300 levels will be forced by the market momentum to buy at higher levels , setting the trap for some correction.

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