Dear All,
We have told you in our last post that nifty 3800 levels will not hold on closing basis and soon it will breach it and can test our meium term target 3500 nifty levels ,within a week nifty has close today below 3800 levels and heading toward our medium term target 3500 levels.
We have analyzed this level (NIFTY 3200-3500)way back on July 4, 08 plz check the post http://zandusmartchartcalls.blogspot.com/2008/07/nifty-levels-bang-on-target_04.html,
zandu suggest you to start buying below 3500 while approaching 3200 nifty levels that means nifty will bottom out at 3200-3500 levels and this 3200-3500 levels will a buying zone for portfolio buliding . Though a break below 3200 nifty levels cant be ruled out but zandu believe that between 3500-3200 u can start picking stocks for ur portfolio buliding .
please check our post We are already short on market since 5280 nifty levels please check this post....http://zandusmartchartcalls.blogspot.com/2008/05/market-outlook-on-broder-basis.html
For technical trading calls please visit ttp://www.equitychartguru.blogspot.com/
For portfolio management advice please visit http://www.fundootechnicals.blogspot.com/
For getting portfolio management advice and trading and investments calls please mail to me at equitychartguru@yahoo.co.in or fundootechnicals@yahoo.co.in
Thanks & happy trading
your's zandu
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