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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 went through the roof in style. It also touched 5400. Bank Nifty which was a laggard, led Nifty from the front. Bank Nifty however faces resistance around 10000 and 10350. Nifty has turned neutral and has a target of 5600 but has to cross the hurdles of 5400 and 5500. Bullishness will be signalled only when it crosses 5750.
Ø Nifty's resistance for 31/10/11 is likely around 5400 and then 5450.
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