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Wednesday, June 3, 2009

Sokhi Nifty Outlook for 3rd JUNE !

As from last many days market continue to remain in bullish trend.

And we have seen sharp upside after the election result. from that levels till now we did not see any major correction. now nifty at this levels is facing stiff resistance.

There is possibility that nifty does not cross 4600-4650 levels and if nifty fails to sustain at 4600-4650 levels and did not cross and close these levels then we fear that it may come to lower levels. and may give correction that is till pending.

Below 4500 first support level is 4402 then 4303. closing of nifty is near to 4525 for last day. if fails to cross 4600 and sustain above these levels then we may expect correction.

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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.