The readers of this blog might have noticed how accurate we were in predicting yesterday's session in our yesterday's post; the market did behave in expected line and after an initial strength, it retraced from the resistance of 5931.65 ( we had predicted 5932). The market will continue to be weak and every spike up may be utilized by intra day traders to short the futures. The immediate support for the Nifty is at 5877 and 5869 and the immediate resistance is at 5890.
The range continues to be between 6988 and 5764.
The mid term investors may continue to accumulate stocks in small quantities as indicated in our earlier posts... click on this link to check our earlier stock recommendations.
The range continues to be between 6988 and 5764.
The mid term investors may continue to accumulate stocks in small quantities as indicated in our earlier posts... click on this link to check our earlier stock recommendations.
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