Friday, August 19, 2011

Stock Tips For 22 August|Nifty Trend for Tomorrow


Stock Market Crash
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Stock Tips For 22 August
One more Black week for stock market all sectors were in red.Due to weak Global cues Indian market was go deep down and whole day market got deep cuts and fail to recover.
For todays session market was oversold but it was continusly make deep low and IT,Capital goods and Banking are the worst performer.It is expected that US and euro area will come dangerously close to a recession this effect adversely to the Indian Stock market.Today Sensex closed at 16142, down 328 points from its previous close.
Nifty Trend For 22 August :-
Nifty has at red not and today nifty closed at at 4847 (provisional), down 97 points.
Nifty has its first support level BELOW 4832 and last support level at 4776.Nifty has its first resistance level above 4860 and last resistance level at 4958.