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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 wobbling the entire day and ended slightly weaker, as we had mentioned on 13/10/11. We can expect one more leg up and possibly one leg down also. In effect it could be sideways. Even if Nifty crosses 5200, we have to wait for a comprehensive proof. In the meantime, It is best to enter near supports (4700) and sell off near resistance (5200) with small stops.
Ø For 14/10, Nifty's resistances are 5170, 5200. Support is around 5040, 5000,
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