Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
Watch Nifty
Ø Nifty was volatile and lacked strength to sustain the gains made over the last three sessions. It is getting close to 5624 levels again. One has to side step and watch for the market to settle down and get a clear direction. If it violates 5600 on a closing basis, it will perhaps move down to 5350 (+/- 2%) levels.
Ø Nifty exactly resisted at the levels mentioned by us ( 5800) and reacted sharply down from that level. Nifty's resistance will be around 5800 for 27/01 and support around the crucial 5620-30 levels.
Ø Till such time clarity emerges, we would advise short term and even medium term investors to book profits or have trailing stops.
No comments:
Post a Comment