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| Discuss Where the NIFTY will reach ? at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear friends i have "A Group " Shares in Nifty in Value of 2.... |
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#1
1st June 2006, 03:01 PM
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Where the NIFTY will reach ?
Dear friends i have "A Group " Shares in Nifty in Value of 2.5 Laks . last two weeks always price is down down down . Now the precent value of my shares is less 2 laks. where it will reach ? Please advice me what to do ?
Thanks lalicom000@************ 
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#3
1st June 2006, 05:49 PM
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Re: Where the NIFTY will reach ?
the 200 EMA of sensex is at 9830 levels as on 31.05.2006. its is to be noted that the fall on 22.5.06 made a low of 2836.91, just surviving the crucial 200EMA levels. as long as it doesn't breach these two crucial points one can breath easy.
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#4
1st June 2006, 06:40 PM
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Re: Where the NIFTY will reach ?
might I ask why are you still holding it ??? In this atmosphere I would recommend exiting in the next relief rally...I hope its close otherwise there will be no one to give relief...take care mate...
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#5
1st June 2006, 08:07 PM
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Re: Where the NIFTY will reach ?
Quote:
Quote:
Perfect answer by Baron(Czar) above especially if you had entered for a short to medium term.........look to exit on a rally,my friend. All the best! Saint
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