NIFTY ACHIEVED TARGET OF 5195 IN STYLE ENJOYYYYYYYYYYYYY

Nifty achieved 1st target of 5195 as explained in the post on 8 april 2012.From 5323 to 5195,profit of 128 points.No website and blue channels or pink papers had given to sell Nifty, we were the only one.Jokers and idiots never earn.
Nifty is still negative and below 20 SMA and 50 SMA.All the indicators,RSI,ADX and STOCHASTIC are negative,for any further upmove Nifty should close above 20 and 50 SMA,until then avoid long postions.Now immediate support for Nifty comes @ 200 SMA 5146 and 100 SMA 5083.
Happy trading.