Sunday, July 19, 2009

NIFTY Outlook for 20th July 2009





I have put up two chart views for NIFTY this time. In both cases, the outlook is definitely bearish. Bulls better beware! See charts for further comments.

Projected High: 4,462.7993 (87.8491 points)
Projected Low: 4,302.5493 (72.4009 points)

Bullish above 4,394
Bearish below 4,354

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