Saturday, June 12, 2010

Nifty level would be!

Stock and nifty view for the next trading week

Traders, yesterday was the last trading day of the stock market. Yesterday we saw consolidation in the stock market but at the positive level. It is found that the next level for nifty be 5165 for trading. We have seen that this week nifty has broken out the previous high in the stock market. We can see the upside movements in the stock market that indicate that the next level for nifty should be 5165 at the another opening of the market. It can't be said confidently because stock market is volatile and no one can know when the global cues kick of the stock market and it again gain the negative levels. So traders wait for the Monday and find the stock intrday calls and nifty levels for trading.

STOCK WEEKLY REPORT