NIFTY OUTLOOK FOR 28/03/2013

BULLS ARE BREATHING AT 200DMA,

NOW AT 5620. SO 5600 SEEMS LAST

HOPE FOR BULLS.

MORE BEARS ARE WAITING BELOW 5600.

AND ALSO AT 5688-5733 LEVEL.

SO ALL THE CLOSES BELOW 5733 TELLS

US BEARS CONTROL NIFTY.

GLOBAL TRENDS GETTING VOLATILE.

US MARKETS TRADING AT NEW HIGHS.

BUT THE MOMENTUM GETTING SLOW AND

TELLS US GOOD CORRECTION ON THE WAY.

NIFTY BULLS BREATHING AT 200DMA.

THE NEXT AND BIG SUPPORT IS AT 5600.

BELOW 5600 NIFTY WILL SLIP IN TO THE

BEARISH ZONE.

BULLS CAN TERMINATE THIS BEARISH CLOUD

BY A CLOSE ABOVE 5688 AND START NEXT

UP MOVE AFTER A CLOSE ABOVE 5777.

BUY NIFTY-FUT ABOVE 5644 TARGET 5688/5733 STOPLOSS 5622
SELL NIFTY-FUT BELOW 5622 TARGET 5600/5577 STOPLOSS 5644

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