NITY TOO MUCH, TOO FAST.

PROVISIONAL DATA - FII NET SELL RS.399.92 CRORE, DII NET SELL 5.35CRORE ON DT.04-08-09 FRIDAY. NIFTY GAINS +86.85 POINTS (1.9%).

Nifty in the triangle?

NIFTY EOD - LOOKS VERY GRIM.

The picture though looks very grim but down fall might not be very strong and drastic.

Nifty monthy chart.

In August 2009 FII selling = Rs. 3767.03, DII Buying = Rs. 4984.71.
In this Big fight of Big Bulls and Big Bears, we all should be very care full.

NIFTY - INITIAL UPMOVE DIFFICULT TO SUSTAIN.