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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 continued to stay weak after a gap down opening. Though there could be an attempt to fill in the gap, the overall direction is down for the near term. The trading/investment strategy would depend on the time horizon. In the near term, there could be some more pain left but for a long term perspective ( 1-3 years) this is an opportune time.
Ø Nifty's support for 04/10 is expected around 4800 (+/- 10 pts.) and resistance around 4900 and then 4940-50
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