Thursday, November 18, 2010

nifty

from pre diwali session, when nifty spot made a low of 5937, only few were in long , but not expecting fast & furious +6300. That's happens. And again, fast & furious fall even below 5937.
At this juncture, I believe trend reversal pattern is developing & we may move towards new era of bull phase. But, as such higher volatality has created a havoc for both bulls & bears. So in near term, volatality will continue in expiry week.