AN OPINION ON INDIAN STOCK MARKET - NIFTY INDEX - IT IS MY TECHNICAL ANALYSIS 'DIARY' and not for business promotion
08 February, 2009
positive for next week.
On previous day nifty traded well and closed at 2843 +63 pts. Over all for the week nifty was in red. But as the markets were not broken downside in the last week it is expected markets may rise in the coming week at lease 2900-2980-3050. US markets Dow is also at a recovery path and may rise in the next week which may lead global cues to positive. If there is any cues from vote on account budget that will add to rise in the markets. Hope for better for the next week.
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