Hello Readers / Visitors,
We are back from where we started at 19 Sept'2008 as updated in our previous posts weekly charts.
Today we have updated Nifty daily charts which shows the Trendline from where we bounced last 2 times. This is the third time Markets are testing this trendline support, if we manage to sustain this levels then we can again see Nifty testing 4200 - 4400 levels in days to come else we can test previous double bottom support at 3800 levels else even lower.
Basically markets are waiting for some big news for moving up of Nuke deal, if it does then we can see pull back. In short we can say MAKE or BREAK situations for markets.
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Regards,
Allies Financial Services
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