Due to unavoidable circumstances, blog could not
be updated yesterday, i.e. on 24/02/2014. Inconvenience regretted.
NIFTY
NIFTY
is moving up as rightly mentioned in previous post and advised to keep a bias
on the positive side. We expect it to complete the targets mentioned yesterday,
6200 – 6220 and after clearing which, might head towards 6250 / 6270. For any downward
movement it has to close or trade and sustain below the zone or 6090. The next
target then is expected around 6020 / 6030.
IRB
IRB is moving up with momentum. One
can go long, for the targets of 83 and 85 kinds of levels. Stop Loss must be
maintained at 77.
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