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Chennai, Tamil nadu, India

Friday 20 June 2008

20-06-2008 Views

Hi, Nifty yesterday took support at 4490 level and moved up. For more than three hours it stayed near 4490 to 5000 levels frustrating the day traders.Finaly Nifty closed at5004.25. Today if Nifty break 5000 levels upwards it will go near 5570 region and take rest. Bears will attack at this place and if they win Nifty will be dragged down to 4450 levels. If bulls manage to creat a swing upwards Nifty may reach 4700 level. 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.

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