Thursday, August 30, 2007

I expect Nifty to touch 4500 today itself! Read more.

Dow jones rallied more than 250 points yesterday which will be a positive effect on our indices and we should see Nifty touching 4500 today itself, although 4400 is a strong resistance, but we might see a gap up opening today and touching 4500 will be pretty easy for nifty and sensex should open with a minimum 300 points up gap.
Tatasteel is looking good for buying, one can buy tatasteel is it moves above 666, for a target of 675, for the second target, if it crosses 678, then next target will be 695, a good jump is possible in tatasteel.
Centurytextile has made a 52-week high and i expect it touch touch 830-840 in coming days.Buying can be initiated in Centurytextile if it crosses 800 for a target of Rs825-830.

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