Posted below is the daily chart of NIFTY spot. Corrective upmove in progress from the bottom of around 2200. This is possibly a good corrective/pullback rally. On charts, as of now it looks like it will hit 3000 - 3050 levels. (watch out for some major res around 3030-3040 area). Stay long until this rally lasts.
Monday, November 3, 2008
Nov 03, 2008 - How will market play out today
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