Where the NIFTY will reach ?

#1
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
[email protected]
 

jdm

Well-Known Member
#3
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.
 
C

Czar

Guest
#4
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...
 
#5
LEYAKATH said:
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
[email protected]
Czar said:
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...
Hi Leyakath,

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