NIFTY COMMENTRY ON 12 OCT 2010

Finally NIFTY Fut closed at 6118.65 and above 6083 which was the today's low and did not break 6066 level and spot closed at 6090.90 and did not break the 6050. So it shows positive sign. So the call is still active now.

NIFTY 5 Days Movements

NIFTY 1 Month Movement

NIFTY 3 Months Movement

So above NIFTY movements clearly indicate that NIFTY is Moderately Bullish at Current Levels. So my target is still 6275 -6300 now.