Thursday, February 01, 2007
TECHNICAL OUTLOOK 01 FEBRUARY
Nifty 4082.70
Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.
DELIVERY CALL
Media Video 53.85
The scrip is in long term bull trend and it has good potential in the long run.
In medium term, chart indicates a rally towards 75 in coming weeks. Buy on decline with a stop at 47.
Medium term Outlook of Nifty (dated 01/11/2006)
The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.
Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.
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