Showing posts from September 20, 2008

Unconvincing Opinion of NIFTY

NIFTY - Technically speaking after the double-bottom formation from 3790-3800, Pull-back can not go beyond 4400-4450. But. but.. last week high voltage drama in the american financial markets and because of that drama, entire world stock markets actions and reactions raises various doubts about the high of nifty. So beyond 4450 , it may go upto 4800+ to 4900+. (In coming days perception will dominate over technicals)