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.
Thursday, August 30, 2007
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2007
(23)
-
▼
August
(11)
- 4400 is a resistance for Nifty; Reliance is strong!
- I expect Nifty to touch 4500 today itself! Read more.
- Expect a heavy correction today in Nifty!
- Market is poised for a good upside,Nifty can touch...
- Technical analysis and trading for Indian stock ma...
- Expect Nifty support at 4000.
- How to trade in Forex from India?
- 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
-
▼
August
(11)



No comments:
Post a Comment