Friday 31 October 2008

Nifty may rally upto 2775: Angel

According to Angel Broking's Market Outlook report, if Nifty trades above 2703 during the first half-an-hour of trade then we may witness a further rally up to 2775.

Angel Broking's Market Outlook report:

The trend deciding level for the day is 2703/9079. NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 2775/9263. However, if NIFTY trades below 2703/9079 for the first half-an-hour of trade then it may correct up to 2626–2554/8860-8675.

Source: Moneycontrol

No comments:

Post a Comment

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.