Thursday, August 30, 2007
4400 is a resistance for Nifty; Reliance is strong!
Nifty is inching up slowly every 15min, this is all due to reliance, since reliance has a strong effect on Nifty. Nifty has to cross 4400 and remain above it for a few minutes to resume upward journey. Since today is the expiry day we should expect some small range movement as traders switch over to the sept futures.
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- 4400 is a resistance for Nifty; Reliance is strong!
- I expect Nifty to touch 4500 today itself! Read more.
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- Expect a rebound in Indian markets on monday!
- Nifty below 4100, expect more weakness!
- How did the correction started? What is subprime l...
- Expect further correction in Indian markets
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