Monday, August 10, 2009

NIFTY Outlook for 11th August 2009

I find it interesting that NIFTY seems so determined to march down while the Western markets don't quite want to go down yet. That being said, I think NIFTY is on target to meet the 180° line though I wouldn't be surprised to see it attempt a rally of sorts in between.

Projected High: 4,500.0757 (62.4258 points)
Projected Low: 4,337.4258 (100.2241 points)

Bullish above 4,462
Bearish below 4,413

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