Monday, December 29, 2008

Monday (Dec 29th) : HBJ Cap Says, "weakness will continue on Monday too".

Nifty chart shows Weakness. We expect Nifty to go down till 2765 level.

 

Nifty will continue to lose momentum but the down move is on thinning volume.

So book partial profit in Nifty PUT Option once Nifty comes to 2800 level.

 

JK, Associate, HBJ Capital

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