Thursday, October 15, 2009

TODAY’S PERFORMANCE
Today nifty had not achieved the target.
STOCK MARKET TODAY
Today too nifty had a gap up opening and faded today itself. Nifty managed to stay above the 5100 levels. Inflation was also not bad. Volume was good. FII’S were net buyers for 750-odd crores. Technically in the price chart a waiting move was formed. 5160 levels is the crucial level to watch.
STOCK MARKET TREND FOR FRIDAY
Technically, again, tomorrow I expect a bull trend. I feel yesterday given target would be achieved tomorrow. Again I suggest visitors to buy nifty above 5160 levels for a target 5250. lets see what happens tomorrow.
NIFTY LEVELS
BUY ABOVE -5160
TARGET 1 - 5207
TARGET 2 - 5250
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