Research of Indian Stock Market

Saturday, November 26, 2011

NIFTY,BANK NIFTY WEEKLY UPDATE

NIFTY AND BANK NIFTY ARE IN A SUPPORT LEVEL ,,,,,,,,,,,,,NIFTY SUPPORT  5540 AND BANK NIFTY SUP,,,8150,,,AND COMING WEEK IS THE 56th WEEK(5th WEEK FOR SHORT TREM) FORM THE HIGH AND 13TH MONTH ,,,,SO COMING WEEK WILL BE ACT AS STRONG SUPPORT,,,,, THE FIRST BOTTOM FOR OUR MARKET WILL BE FORMED ,,,,AND THEN A SHARP RECOVERY,,,,,,,CAN COME ,,,,,,,,,,,SO AVOID SHORT ,,TAKE LONG WITH CLOSING STOP LOSS OF 4540,,,,,,,,AND 8150,,,,,,,,



 

Copyright M. Subramaniam