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Nifty update for 17-05-2010

Waiting for entering into Market? Yes, I am Waiting for making bottom of the Market. Possibly next series.....   
Nifty Daily

Nifty second half recovery does not show any silver-lining to the investors. Only hope is that Nifty has not broken its danger line 4925 and it has not made its bottom. Twiggs Money Flow is moving around its zero line. When I am writing this report then Dow is 150 pts down. I think still time has not come to enter into the market for short term and medium Term Investors. I think long term investors should make their portfolio empty if Nifty closes below 4880. Otherwise hold it for future.

Best of luck.    


This post first appeared on Market Hypothesis, please read the originial post: here

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Nifty update for 17-05-2010

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