Dear All,
In our earlier post we told you that Nifty target will be 3500-3860 levels , yesterday nifty after taken support at 3800 levels and bounce back today that's validate our first target of 3860 none the less ,target of 3500 in medium term is intact .
market will bottom out at 3200-3500 levels on nifty side and 11500-12800 on sensex side in medium term . For value buying please , start buying when market will be in the zone 3500-3860(nifty)11500-12800(sensex). You can witness short term trading bounce in between while reaching the target mention .
Nifty now can find ristance at 4250-4280 levels if nifty closes above it for two days then this short term pull will go uptill 4450-4580 levels .
We are already short on market since 5280 nifty levels please check this post....http://zandusmartchartcalls.blogspot.com/2008/05/market-outlook-on-broder-basis.html
For Nifty levels please visit http://www.equitychartguru.blogspot.com/
For portfolio management advice please visit http://www.fundootechnicals.blogspot.com/
For getting portfolio management advice and trading and investments calls please mail to me at equitychartguru@yahoo.co.in or fundootechnicals@yahoo.co.in
Thanks & happy trading
your's zandu
Wednesday, July 2, 2008
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