Thursday, July 16, 2009

NIFTY Outlook for 17th Aug 2009

NIFTY fell just short of 4324 (the 180° level) by about 19 points. Can it reach it tomorrow? Quite possibly, especially given the strong performance by DOW on Thursday.

Projected High: 4,317.95 (86.55 points)
Projected Low: 4,218.45 (12.95 points)

Bullish above 4,251
Bearish below 4,211

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