Sunday, June 15, 2008
Daily Update
As we were saying continuously that market is in the bearish zone & there is no strength coming in the market & still no strength & this week inflation data 8.75 has come which is going to increase continuously. This time there is no impact show of rate hike due to oil & gas but it impact will start then inflation will be the 10% above which bad impact will be on the market.
Today if Nifty Future go to cross the level of 4504 then it can go up to the level of 4532, 4565 to 4643 but here once again a selling pressure can get to see in the market which can do pull down to the market again but if Nifty Future break the level of 4471 then it can go below the level of 4454, 4409 to 4288.
www.prafulstockpiks.com
Today if Nifty Future go to cross the level of 4504 then it can go up to the level of 4532, 4565 to 4643 but here once again a selling pressure can get to see in the market which can do pull down to the market again but if Nifty Future break the level of 4471 then it can go below the level of 4454, 4409 to 4288.
www.prafulstockpiks.com
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