Monday, 24 October 2011

NIFTY Intraday October 24th

Buy at / above: 5058.76   Targets: 5074.02 - 5091.84 - 5109.69 - 5127.57 Stoploss : 5041
Sell at / below: 5041   Targets: 5025.77 - 5008.06 - 4990.38 - 4972.73 Stoploss : 5058.76



The market has opened 64 points up @ 5114 - we shall face some stiff resistance @ 5125 and 5150 levels -
The EU Summit shall have to come to a conclusion on its debt issues by Wednesday which according to us should be resolved and the results  should be positive. The RBI also has decided to meet on the 25th to discuss its issues with rate hikes and inflation. Would the 13th rate hike be lucky for the Indian investors ?

No comments:

Post a Comment