Thursday, March 5, 2009

NIFTY Outlook for 6th March 2009

NIFTY has found it difficult to stay above the 180 degree line. The downside target of 2594 for Thursday was exceeded by about 29 points.

The index is now at a point where there could be support. However, please trade what you see.

Upside Target : 2,701.37
Downside Target : 2,501.77

Bullish above : 2,593.41
Bearish below: 2,559.98

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