Nifty Outlook - Where It Is Headed -vijay
We May Be One Of The Very Few Who Have Predicted This Fall In The Market At The Beginning Of This Settlement. If You Had Followed Our Intraday Calls Regularly You Could Have Observed That Every Day We Informed Of This Fall And Advised Caution. We Had Even Predicted The Level Of 4200 For Nifty Before This Settlement. Right From Our Intraday Call Dated 2.6.08 ALMOST EVERY DAYWe Have Been Advising Caution.
We Still Feel Nifty Has Some More Down Side Left. Temporarily It May Pull Back From Around 4200 And Things Are Not Rosy For The Short Term. Eventually A Fall To Around 3900 Is Not Ruled Out.
If There Is Any Reversal In The Trend It Will Be Advised In The Intraday Calls Column.
Medium To Long Term Investors Can Buy Stocks Which Are Excessively Beaten Down In This Fall At Lower Levels..
|