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Wednesday, October 1

Nifty Today - 01-10-08

Todays market movement was as per our expectation.

If Nifty sustains to close above 3965 (which is yesterdays Resistance), bulls have thier turn to move up. If Nifty managed to close above 4002 (which is next resistance), bulls gain full control to move upto 4159 nonstop rally.

No need to worry about bears until some bad news make market to close below 3850.

As tomorrow market is Shut because of Gandhi Jayanthi, Friday opening is purely going to driven by news about US Govt decision for $700 billion bail out alternative pack.

Avoid Over Greed or Over Fear, Lets move as per Technicals.

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