Nifty AUG -SEP

Thursday, July 16, 2009

Nifty can retest 3750-3430 .

*Reliance Ind Comparative Rate for Nifty is 3500
*Fii's have been Net Seller's in Aug /Sep last 2 years


As long we maintain to stay below 4570 Nifty can hits 3750-3430

Above 4625 on closing basis we need to break out the Stiff resistance
@ 4730 & only then we can move towards 5000+ levels.
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