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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 was volatile but closed in positive territory. It is near its crucial resistance level of 5550-5575 and has to close conclusively beyond, for first proof of bottom formation. As long as it is not done, we could expect one more leg down before resumption of the upmove.
Ø Nifty's resistance for 14/02 is expected around 5550.
Ø Bank Nifty is also near its resistance level and short term/medium term investors should watch for direction from the broader indices before investing.
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