Wednesday, November 17

Will Nifty bounceback after 6% Correction?

Nifty Daily Chart
Nifty after giving the much awaited correction of 6% which took everyone by surprise  when all were excepting a new life time high on NIfty. Well now much awaited correction has come and i would request you all to use this oppurtunity to buy nifty 50 scripts like tata motors,tata steel,SBI. Deploy 30% of your cash at this levels.
We are oversold on Daily charts and if 5930-60 range is held there will be a sharp reversal and we will see Nifty at new highs in a jiffy.
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