Friday, January 21, 2011

Nifty till 21.1.2011

The Nifty was subdued for most of the week. Although supply of the first two weeks has declined yet there is no demand. Markets will remain lackluster and the 5750/5800 levels are the most Nifty can make in the current series with no further downside bellow 5500. However, if the current lack of demand persists fresh shorts might be opened in the next series.

No comments:

Post a Comment