Sep 11, 2012

NIFTY OUTLOOK (12th September, 2012)

MARKET REMAINED BULLISH: CLOSED AT RESISTANCE LEVEL



The NSE Nifty spot closed at 5391 up by 0.50% with the higher volatility yesterday. In the week ahead, nifty spot is making bullish waves as per the wave theory. But still confuse about resistance and hurdles which nifty is still facing day to day trading sessions. MACD is trying to break out for bullish trend, whereas Stochastic is in overbought situation which may cause to make correction point in the Nifty spot or say market. Some bluechip stocks are still making low and low in this market and lot of traders are suffering from huge losses from those stocks. You can get detailed information of those stocks from our analysts. Please call us for better in depth financial research.


Happy Trading !!

Megha Investments & Research Team
Posted on Tuesday, September 11, 2012 | Categories: