Monday, June 21, 2010

NIFTY bullishness continues…….

As NIFTY continues on its uphill journey averages have started moving up to catch up with the speed. Value zone moves up to 5253-5284, every move up is an additional profit lock for us. Trend trade is adding more and more to its peak profits.

MACD histogram moves up above zero and shows some strength, will the super strong indicator surpass previous peaks to give a new high on the NIFTY? This is going to be an amazing event to be watched.

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