Home > NIFTY Strategy > Markets consolidating nicely-More upside possible

Markets consolidating nicely-More upside possible

Wednesday, September 5, 2007 Leave a comment Go to comments

Indian markets are consolidating nicely and intraday volatility is subsiding. The NIFTY can make an attempt at 4530 levels where it faces some resistance. It is very much possible that NIFTY cruises forward and goes close to 4650 levels in coming weeks. If this move in NIFTY sustains, 4800-4900 on NIFTY cannot be ruled out. For short term NIFTY traders 4400 can act as a decent support.

Advertisements
Categories: NIFTY Strategy
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: