18-11-2008 Views

Hi, Nifty has not moved up as expected.The world economy is down due to problems in America. Still dow has to find its bottom. Nifty will go down if it has not moved above2800, 2820,2840. It may find support at2700.If it cannot sustain above 2700 next support level will be 2500. My gut feeling is nifty may go down further and find its level at 2200 and below. Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.