AN OPINION ON INDIAN STOCK MARKET - NIFTY INDEX - IT IS MY TECHNICAL ANALYSIS 'DIARY' and not for business promotion
21 April, 2009
20-4-2009 review...
Today's trading is also in line with the previous 2 days, just rise and profit booking. Huge open interest decrease in nifty future, FII cash buying, 3300 put writing. Global cues are negitive. There is no down side build up in futures. Hence, this fall may be a correction only. May be the fall is up to 3250-3150 as expected. Sensex levels are 10600. We may rise up linked with reliance result???.
Labels:
nifty,
sensex,
technical analysis
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