niftyarena (4/17/2012 9:21:41 AM): Sell Nifty till rising 5238-45 with SL Spot 5258

niftyarena (4/17/2012 9:51:27 AM): Nifty made low 5224 from 5238

niftyarena (4/17/2012 10:16:56 AM):Exit Nifty with 4-5 pts gain. Wait  for RBI meet then new call will be post CMP 5231

Market is finding direction... more important to watch out Europe market opening @ 12:30 then we get some clear direction

Inflation 6.89 vs 6.95

9:56  Sell Nifty 5221-25 with SL 5246 Target 5196- 67

Positional and Intraday Outlook 16th Apr

As mentioned in the chart on 16th Apr 2012 in Positional Outlook about Nifty that any brake below

5176 Nifty will hit 5092-80 and then 4982 spot levels and same happen on  4th May and Today 7th May 2012. Nifty from 5180 to 5080 on Fri 4th May 2012 and Today 4988 from 5090 level both TGT achieved as mentions step by step.

And Today we given Buy call at 5012 with SL 4996 TGT 5048-76 both TGT achieved as well Nifty made high 5133 from 5001 level almost 130 pts Bull Rally.

Total gained on Sell side from 5176 to 4988 = 188 pts
      and on Buy side from 5012 to high 5139 = 127pts