Friday, July 24, 2009

YESTERDAY CALL
Today nifty touched the first support level 4515 but not corrected further as I expected.
MARKET VIEW FOR TODAY
Today nifty closed above 4550 levels which is an important resistant. I feel the Q1 results are the reason for the nifty up move. Even though selling pressure seen on higher levels nifty managed to close above 4550 which may considered as a cue for next week trade.
For next week market view I will update tonight or tomorrow.
Thanks for visiting!

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