A strong pull back in the US market off late and a green range all trough the world has helped nifty ti open up today.Well on the eve of expiry some shorts may be covered but trend remains questionable.
It would be interesting to see whether nifty would be able to cross 4900-4930-4950 with increased volumes.Expiry would consider some short cover and it would be interesting to see the pullback.
Nifty will open higher and later rise during the day .Support for the day is 4830-4800.
There could be a buying interest in realty and banks for the day.
Market is never wrong-Opinions are often.Time in the market is more important than timing the market.Simplest rule for wealth creation-Buy at low , Sell at high. Knowing a fact is a pure fiction only application is real.A knowledge which can't create a wealth is not worth having. There is no other magic in the real world as prediction.
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