Sunday, August 16, 2009

NIFTY Outlook for 17th August 2009


There is no real change to the outlook for NIFTY. The yellow highlighted spot continues to be an area of concern. The mid-point to the timing line occurs on the 19th of August 2009. That could be a day to look out for unless things begin to move a bit sooner.

Projected High: 4,608.3745 (10.6245 points)
Projected Low: 4,548.7246 (49.0254 points)

Bullish above 4,614
Bearish below 4,581

No comments: