22-7-2009 trading as taking +ve cues from global markets took very strong rise up to 4560 and fell sharply to break 4400 level. Nifty closed at 4400 -70. FII data - ve, F & O nifty future is flat, option writing is - ve. Global cues are - ve. But SGX nifty is + 40 as of now.
Over all view: Now, that market is in shifting stage and nifty may corrects up to 4360-4300-4250-4150 -4050 also? We have to wait and see What happens. The first 2 or 3 levels may happen but if nifty goes down further there is danger for bull rally. Will the markets corrects further as seen from +ve SGX nifty as of now?????
Over all view: Now, that market is in shifting stage and nifty may corrects up to 4360-4300-4250-4150 -4050 also? We have to wait and see What happens. The first 2 or 3 levels may happen but if nifty goes down further there is danger for bull rally. Will the markets corrects further as seen from +ve SGX nifty as of now?????
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