Posted On 11'th April
After a sharp fall Nifty recovered major part of its loss. Sharp bounce after one day of correction shows bulls are not in a mood to loose the grip over bears. Every fall is used as buying opportunity by bulls.
As the trend for the Nifty remains up traders are advised to buy on dips and avoid short selling.
Short term support for the Nifty is seen at 5300 and 5250.

Weekly Review:
It was the ninth consecutive week when Nifty posted gains on weekly basis. As the Nifty has seen sharp run up on weekly basis we can expect some consolidation therefore traders can book profit and buy on corrections.

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Posted On 8'th April
Today Nifty witness a cut of over 1%, but the question is should traders buy around these levels ?
As per me this fall was quite expected although it come a bit late, but that is okay we all know market does not oblige us. I think this fall is a buying opportunity for short term traders because short term trend for the Nifty still remains up. But at the same time I will advise them to take long positions if Nifty show some strength or simply buy around 5200-5250 level which could act as support for the Nifty. Close below 5200 will be first sign that short term trend for the Nifty might change to down where short term traders need to close their long positions.

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Posted On 7'th April
Today on second consecutive day Nifty continue to consolidate. After sharp rally it was expected that Nifty might consolidate for a while. As Nifty remains in uptrend traders are advised to buy on dips.
Support for the Nifty remains at 5250, any dip around 5250 could be buying opportunity for traders.

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Posted On 6'th April
After yesterday's smart rally Nifty take a pause and ends flat. Short term trend of Nifty remain bullish therefore traders are advised to buy on dips. Short term support for the Nifty is seen around 5300 and 5250.

STOCK IDEAS
Buy Suzlon Energy

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Posted On 5'th April
Today Nifty breaks out from strong resistance zone of 5300 and close convincingly above 5300 mark. Traders are advised to buy on dips. Next possible target for the Nifty is seen around 5400-5500.
Investors are advised to avoid fresh buying and keep on booking profit by selling small portions of their portfolio. Short term support for the Nifty is seen around 5250, any dip around 5250 could be buying opportunity for short term traders.

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