Watch Nifty Ø 25 August 2011:: IFCI research,

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Watch Nifty

Ø  Nifty could not even touch 5000 in its bouce up. Perhaps it is now readying to move down towards 4700 before another leg up. The sideways momentum with weak bias could continue (unless 5480 is pierced on the upside) for the next 2-3 months.

Ø  For 25/8, nifty's resistance is 5000 and support 4850(+10pts).