Tuesday, August 26, 2008
Market Outlook
Rangebound move with a positive bias: The Nifty is expected to trade within a range of 4,243-4,416 for the day. Any decisive breath will set the direction for the next couple of days. The Nifty has support resistance at 4,378(intraday), 4,416(above fresh short term bullish trend), 4,459, 4,512, 4,576 and 4,687.The Nifty has support at 4,334, 4,269(closing basis for short term), 4,243 and 4,150-4,179(strong for short term).
Tuesday, June 17, 2008
Tips for 18june2008
Nifty has resistance at 4,675 which is the short term target and if it trades more than half an hour above this level then it will test 4,700. Support is there at 4,623 (10 DMA) below it will have strong support at 4,500 levels. Technology and telecommunication stocks may get lower level support tomorrow`.(18thJune)
Saturday, June 14, 2008
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