Tuesday, February 22, 2011

Nifty Analysis 21st Feb 2011

Yesterday’s, 21st Feb instant, was perhaps one of the best I had witnessed in the recent past with huge swings, creating an ideal atmosphere for day traders. However, I would anticipate yet another highly choppy session today. Another interesting thing to notice was the volume in some of my favorite counters like, JSW Steel and Tatamotors.
The recovery according to me was a mere ephemeral in nature since the last fall was without any strength and an obvious reaction to the primary fall.


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