We mentioned in our previous post that on Nifty daily chart we saw divergence. The oscillators were not making new highs while Nifty was trading at new high . Price always follow momentum.Today we saw a small correction.
Our earlier idea Sunil high Tech has achieved target. one should book profit
Nifty is still in uptrend and these dips offer buying opportunities.
Cipla has support at 330 and resistance is at 355.
Thursday, April 8, 2010
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