Research of Indian Stock Market

Saturday, June 16, 2012

WEEKLY OUTLOOK for Nifty

In nifty spot last week we saw a BULLISH ENGULF pattern after 70% retracement   from the low 4531-to -5640, and this week it crosses Downward trend line which meet at 5080. So in my view coming weeks will be positive,And any dip buy is best strategy .

I THINK OUR MARKET IS BOTTOM OUT AND IT WILL NOT BREAK 4500. 

SO TRADE CAREFUL ..TRADE FOR MONEY....ALL THE BEST

 

Copyright M. Subramaniam