Wednesday, July 8, 2009

NIFTY Outlook for 9th July 2009


It was such a pleasure to note that NIFTY hit the 270 degree level with precision! Ahead, I think NIFTY will attempt a bounce of sorts but let's not forget the 360 degree line target it has yet to achieve.

Upside Target: 4,140.37 (61.47 points)
Downside Target: 3,999.62 (79.28 points)

Bullish above 4,100
Bearish below 4,057

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