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BULL ROAR WITH RISING WINDOW

Nifty closed in green at 5342 after bursting 103 points.The broader market undoubtedly biased the bull with 1012 advances to 475 declines.It was a complete blast at openeing ,though it could be reckoned in early morning following strong global cues an.d SGX NIFTY,The market closed with a sustained gains which lead us to bulls getting empowered.With the current gains expectation have risen and targets for Nifty in coming days have increased.
                                                                            Technically Nifty bounced yesterdays from the uptrend-line and today witnessed a rising window,this has led to the confirmation that market have taken support and are likely to lead further to 5400.Now traders are suggested to initiate long on dips with strict stops for the targets of 5400.Only a close above 5400 will confirm violation of the resistance and will open up avenues for 5600.



INFY TARGET HIT, CALL REVISED,FURTHER TARGET 2550

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DOJI

Nifty witnessed an absolutely sedate session,the bias looked positive but lacked momentum . The broader market was negative with 665 advances to 808 advances.The rally seemed to take a halt for a day before continuing further.i feel that the rally would take the markets to 5470-5500 before correction.since we are lacing fundamentally the longevity of this rally cannot be counted on.                                                                                                       On the hourly charts we are making higher highs and higher lows keeping the momentum intact,still as advocated a burst of 40-60 points on the nifty is still pending before correction ,i feel this might come tomorrow.Hence adding nothing more to i...
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