Thursday, August 12, 2010

Target for 12 Aug, 2010

Nifty is in downtrend, targeting 5000 in three to four weeks. We can expect this, basis last one year trend.

Target for 12 Aug, 2010

Nifty will open gap down at around 5360 to 5370

Upper high will be limited to 5400
Lower target will be restricted to 5350

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