Nifty can Dance Saala...to our Tune

Pardon the word in the title, but after all, every kid in India is singing the song that inspires the title. I find it amazing that Nifty is dancing to the few lines drawn on my post July 7, and following the upper and lower levels. The same chart is reproduced again with updated data until July 30.

The Nifty seems to be well on its way to 4740-4750 in August.

Drawing lines on a chart is child's play, ain't it?

Watch Tata Steel in August. It can be bought on any dips with a stop below 575 for a target near 700.