Thursday, August 6, 2009

NIFTY Outlook for 7th August 2009


Has NIFTY chickened out by dropping before reaching the target at the 360° line? Or is it going to surprise us by putting on a big rally on Friday? I guess we can only watch while NIFTY makes up its mind.

Projected High: 4,651.8252 (66.3252 points)
Projected Low: 4,492.8755 (92.6245 points)

Bullish above 4,609
Bearish below 4,561

No comments: