Monday, April 9, 2007

NIFTY OUTLOOK FOR 09.02.07

AS NIFTY SPOT CLOSES ABOVE THE RESISTANCE LEVEL OF 3750 I AM EXPECTING A SHARP BOUCE BACK IN THE MARKET TECHNICALLY I AM NOT SEEING ANY FALL UPTO 3830 AS I AM MENTIONING FROM VERY EARLY 3830 IS VERY CRUCIAL LEVEL AND WE CAN CROSS IT IF WE CLOSE 3 TRADING SESSION ABOVE IT .FOR TOMORROW AS MANY SITES SAYING THAT MARKET LL DOWN BUT I DONT THINK SO AND I AM TOO MUCH CONFIDENT THAT TOMORROW WE LL TOUCH 3779 AFTER THAT SOON WE CAN SEE THE LEVELS OF 3808-3810 HERE MINOR RESISTACE LITTLE SEELING OFF WE CAN SEE.BUT NO MATTER OF WORRY .IF NIFTY MANAGE TO CROSS TO PASS THESE LEVELS BEFORE INFOSYS RESULT TRY TO BOOK SOME OF YOUR LONGS STILL WAITING FOR INFOSYS RESULT WHICH NOT LOOKING SO MUCH PROMISING BUT NIFTY LOOKING PROMISING .
NIFTY SUPPORT EXISTS AT 3710 VERY STRONG BELOW THIS NIFTY TURNS VERY WEEK RESISTANCE IS 3750.3783.
MORE ON YAHOO MESSANGER WE LL GIVE .DONT TRADE IN EARLY HOURS OF 5 MINUTES.

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