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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 solid upmove. It closed above 5600 but closed marginally below 5650. Does this signify that the negative bias is over?. One has to wait the next few sessions and see the Nifty close comfortably above 5650 on a closing basis for a clear cut confirmation. Bank Nifty has also moved up smartly. As we have been repeatedly observing, while the long term view is bullish, for the near term one has to have a little bit of patience .
Ø Nifty's resistance for 28/03 is likely around 5700 (+/- 10 points).
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