Sunday, August 15, 2010
NIFTY NEXT WEEK OUTLOOK
ALL THE DATA'S ARE BELOW EXPECTATIONS
IIP DATA VERY POOR, INFLATION IS CREEPING UP . AND RESULT SEASON ARE OVER NEXT WEEK INDIAN MARKET IT IS TESTING TIME.
IF GLOBAL SUPPORT WITH DRAWS WE MIGHT TAKE A BLOOD BATH
TECHNICAL DETAILS:
MAJOR HURDLE "5488" ABOVE THIS NEW HIGH IS POSSIBLE BUT IT IS HARD TO DO SO ...
MINOR SUPPORTS:
SUPPORT 1 : "5419"
SUPPORT 2 : "5339"
MAJOR SUPPORT: "5364"
WE CAN FREE FALL ANY TIME IF NIFTY TRADE BELOW THESE LEVELS ...
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