short nifty from this level

Short nifty from this level for target 5300-5200

Originally Posted by jibintharayil

Short nifty from this level for target 5300-5200

Do you have any reasons for the same.Experts are speaking about breakout from 5400 levels and market might go higher..

Please give us your views so that fellow members can take an informed call.

Thanks

Originally Posted by jibintharayil

Short nifty from this level for target 5300-5200

I completely agree ! More calls built will get squeezed towards expiry and is expected to push markets lower from current levels. May not go as low as 5300 to 5200 though unless global weakness is seen.

Nifty tips for 26 july 2010

NIFTY SELL TRG 5005 4856 AUG 1ST WEEK SL 5655

according to me fii will try to pull there money because they are boking profits

Fellow Investors,

http://www.nseindia.com/content/equi...fii_nsebse.htm

Here is a place where you can find FII data and keep yourself updated on FII activities.
FII info is critical to understand because largely they are driving the volumes in the Indian market and hence their action will determine the market movement to a large extent

Even during the day when UPA govt was elected they pumped in billions of money and that was a main reason why the sensex rose by 2000 points in a single day