Sep 21, 2012

NIFTY OUTLOOK (21st September, 2012)



NIFTY CAME BACK AFTER EVENING STAR: SELLING CONTINUES




The NSE Nifty spot closed at 5554 down by almost 1 % after gap down opening. Technical indicators are bearish, whereas Nifty spot needs to fill the gap till 5447. There is nothing more to say in this report today. Market is likely to move scrip wise. 5635 is still a major hurdle for nifty spot. Intraday traders are advised to trade with less quantity in stocks as uncertain market is there.


Happy Trading !!

Megha Investments & Research Team

Posted on Friday, September 21, 2012 | Categories: