Saturday, November 6, 2010

my nifty outlook (6nov'10)

as on 06th Nov 2010 (nifty at 6312)

Long term (1 year+) = Bullish

Medium term (6 months) = Bullish (6700-6000)

Short term (1-2 months) = Bullish (6500-6100)

Immediate term (2 weeks) = Rangebound (6400-6150)

(Strongly think that we are not going to see 59xx again)

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