19-06-2008 Views

Hi, Nifty on 18-06-2008 went to 4680 above which Nifty should have closed to follow the upward journey. The close yesterday ,4570.75 is above 4550 which is a good support. The political scene in India is in turmoil due to the Nuclear deal which the left party is opposing. The vital meeting has been postporned and these developments keep the market at tender hooks. The world markets are down and we also will face the effect though all technical analysis gyan points uptrend. If the market trades below 4536 there will be more down side and more new lows. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.