Tuesday, August 17, 2010

Indian Market Outlook (Nifty)– For the Near Term

Global cues are at present helping the markets and we should keep an eye on the 5350 and 5200 as short term support levels respectively while 5460-5480 as intraday & 5580 as short term resistance respectively.  Remain cautious on index basis and keep on trading long on stock specific approach.


Our market outlook has holded out for entire August Month.




Source: http://stoxandmore.blogspot.com/2010/08/indian-market-outlook-nifty-for-near.html


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