Sunday, November 29, 2009
Weekly Outlook Indian Stock Market
Nifty future closed at 4946.30 this week. This level will be critical all next week. Failing to trade above this level with volumes, Bears can knock the wind out of nifty and knock it down to 4790, 4700, 4610. Trading above 4946 nifty can move to 5040, 5140, 5210.
SBIN looks the most interesting stock to trade next week. Watchout for trading recommendations in daily write up.
Thanks and Regards
S&P Wealth Creators
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Disclaimer
The calls given here are My Personal views, trading or investing in stocks is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. S&P Wealth Creators will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert’s stock analysis or opinion.
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