Monday, April 06, 2009

==>> Book part profits...

Markets might open with a positive note. It may again create a gap in the chart. Indices may come down to fill up the gaps. We might see some corretion in the mid session. It is advisable to book profits in the early session. 3250 in Nifty is a very big resistance level. 2 days close above the same can take the Nifty to 3400 levels, But that seems to be not easy. Remember to book profits, we might get the same at the lower levels. Markets will not go down heavily as the market for the termprory phase are in the hands of the bulls, and technically looks very good. Booking part profits is alwyas advisable.

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