14 July 2011

Watch Nifty Ø 14 July 2011: IFCI research,

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Watch Nifty
Ø  Nifty reversed up as expected. It fell just 3-4 points short of 5600. Again, 5600 will be a resistance to watch - if it goes past 5600 , 5750 will be its first target. As we have been repeatedly stating, reactions are an opportunity to invest. Even those who are risk averse can do an SIP and benefit.

Ø  Nifty faces resistance for 14/07/11at 5600-5620 , 5650.

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