>> Sunday, November 23, 2008
Last week we saw a short covering comming on Friday.
Now see a Gap up on Monday and if NIFTY sustains above 2640 Next target would be 2890 - 2950 in comming month below that we could test 2090 -2010.
NIFTY Moving averages.
The Indian VIX index is 64.46 down 1.6% so I see a upmove of atleat 75 points on Monday.
This week we could see more volatility on NIFTY.