Sunday, August 07, 2011

NIFTY FUTURE WHAT NEXT?



LAST WEEK NIFTY BREACH WHAT WE TOLD 5150 LEVELS AND AT THE END DUE TO RBI STATEMENT IT CLOSES ABOVE THAT LEVEL.

THEN WHAT NEXT NOW ?


ONLY ABOVE THE 5295 LEVELS MARKET HAVE A NEUTRAL CONDITION AND ONCE BREAK 5377 LEVELS THEN IT CAME TO POSTIVE TERRITORY. BUT ABOVE 5480 ONLY MARKET HAVING A UP MODE.

BELOW THE 5295 MARKET IS IN BEARISH MODE AND IT MAY GO UP TO 5120 - 5045. IF GLOBEL CONDITIONS IN SAME NEGATIVE IT MAY HAVE A CHANCE TO TOUCH 4825.

No comments:

Post a Comment