Thursday, April 12, 2007

Nifty outlook for 12.04.07

as i am awaring you all from last two days market is not showing any strenght as i am stating fast reversal and it happens also but suddenly give bounce back and i am stating all time it's traping dont get trapped .but for tomorrow i am not mentioning any resistance like other analysts resistance and support i dont like to hold both coin sides with me tomorrow market can open in negative note as international markets are also trading in red.

so for tomorrow i am expecting a down fall in opening 15-25 points which may lead a sharp fall as we are not seeing any stability at higher levels from last two days markets are ending at marginal profit.so next levels which i found in nifty are 3810-3780-3750 final support .after that expect free fall .again keep in mind at 3900 levels nifty is having super resistance which i dont think so that it ll surpass tomorrow if happens then god knows in the market .and i can say that much only "truth is always stranger then fiction"

no intraday call posting if i found any suitable call then sure i ll send you through yahoo messanger.
b cautious n b happy .

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