The new resistances for Nifty are at 8802, 8834, 8870 and 8920.
The supports are at 8755, 8646, 8511, 8454 and 8248.
The week ahead seems likely to be a week of consolidation with positive bias as the Nifty will edge a wee bit higher if the resistance of 8802 is conquered.
The short term traders as well as mid term investors are offered daily advice free of cost if they subscribe to this post through e mail. A few excellent opportunities cropped up last week and are available at very attractive rates. Moreover we have revised our mid-term targets for the key stocks we had recommended for mid term investments.
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
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