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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 moved sideways. It neither cut 5180 (which was anyway not expected to materialise in 1-2 sessions) nor showed strength. From the current levels, the downside risk is 7-8% and the upside is 20-25% at the least. Since it is difficult to exactly predict the bottom, long term investors with a 1-3 year time horizon should invest at the current levels.
Ø Nifty's support for 22/06 is likely around 5230 and 5180.
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