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28 August, 2009

GOOD GREEN GOING.

The settlement trading yesterday of nifty shows that bullishness prevailed further though the reports of RBI/FM/Drought, etc. and nifty closed at 4688 +7 points. FII data, F&O data, option writings are all shows green going further. US markets re bounce from red and today's Asian markets green, SGX positiveness all shows the same.

Now, technical indicators are bullish but for the breakout of resistance level of 4731 nifty and that may happen today. The target for nifty in this month is 400 positive points with intermediate corrections. All the corrections are up to 4500 -4600 only. Happy new settlement to you all. There may not be major fall in this settlement please.

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