Friday, June 4, 2010

Marching higher….

NIFTY continues to march higher and higher with every unfolding hour. The slow pace at which it moves up makes the base strong, but, nothing is a hard rule here at the markets. Holding to stops and continuing with the trend is good.

A down tick at present, but value zone is far away. Trend trade on the long side has reached 60 points peak gains. We are going to continue this position over the weekend.

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