22 July 2008

NIFTY - DOUBLE BREAKOUT


Markets knew the result of the trust vote much in advance and took NIFTY to double breakout levels. NIFTY broke out of two month old falling bear resistance and short term resistance at 4215. A broad based alround follow up rally is expected and the first resistance is at 4315. Also keep a watch on ADAG shares for some smart moves.

1 comment:

Anonymous said...

Where is the resistance for sensex?