Sunday, May 6, 2007

nifty outlkook for 07.05.07

as international markets are showing so much of strenghts .still bulls are not give their charge to the bears so i am expecting a positive opening .as the crucial level of4175 is still maintained if we close above this then we can expect upmove upto 4215 otherwise mkt is behaving rangebound now the lower side very important levels for tomorrow is 4105 if it breaks then we can see some more fall on cards .so b stock specific as technically a coreection of 50-105 points can b observe anytime on cards .

nifty resi-4175-4215-4235
nifty supp-4105-4075-4040.

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