Nifty saw a huge resistance on monday by still managing to close near its magic figure of 5550 but i think the resistance level would be broken today.Sell nifty from the current levels market is expected to began its first slide rally today and we can see nifty touching 5500 level and infact more down also during intraday.
So call is sell nifty from current levels.
cheers
2 comments:
Good news
Major Headlines of the day:
• Capital First-Warburg Pincus sells 25 percent in Capital First, GIC Singapore ups stake to 14 percent'.
• PVR realty firm Elan to invest Rs 550 crore and tie up with PVR.
• Reliance Infrastructure’s subsidiary files Section 9 petition in the Delhi High Court for urgent payment of Arbitration Award.capitalstars
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