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SEE NIFTY CHART AT THE END OF THIS COLUMN. Reading Glossary is highly recommended for better understanding of this Column. Nifty is stuck in the range of 6050-6150. Wait for decisive move in next few days. Investors are safe as long as Nifty is trading above 5930. Breakout bellow that level might create panic in market. [...]
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Observations & Possibilities: Nifty has turned bearish for long term today. 4620 is the second target in short term for Nifty. 4200 is possible in few months on NIfty. Intermediate trend of Nifty will turn UP if it closes above 5035. Moderate risk for fresh long term investment. Fresh Long Term bearish stocks : Tata Power , Ranbaxy , Praj [...]
Tags: Bombay Dying, breakout stocks, Chambal Fert., FSL, GVK Power, IDFC, Infosys, IRB Infra, IVRCL Infra., JSW Steel, Nifty, nifty bhavishya, Pantaloon Retail, Praj Ind., PTC India ltd., Ranbaxy, SAIL, Sonata Soft, Tata Power, United Spirits
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