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India Equity Research Reports, IPO and Stock News
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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Watch Nifty
Ø Nifty made a small recovery and also managed to close above 5250. We had indicated this reversal on 09/02 and 10/02. Whether this upmove will sustain or one could expect one more downmove will have to be watched. It is too early to make a call on the market bottoming out for now. On the way up, Nifty faces its first resistance around 5550-5575 and Bank Nifty around 10780-800 levels.
Ø Nifty's resistance for 14/02 is expected around 5380-5400 .
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