Saturday, November 26, 2011

S&P CNX Nifty for the week 28 November 2011 to 2 December 2011.

The market closed last week on a very bearish note at 4710.05. If the market fails to trade above the 4750 mark in the opening moves, then the market will continue to be weak and continued trading  below 4690 mark will signify further weakness which might take it to 4515 levels and even down to 4432 levels. However, if 4432 too is broken then an all out carnage may take it to 3980.

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