Saturday, October 4, 2008

DOW AND NIFTY SUPPORT ANALYSYS

Looking at the history of the dow index..........i feel that dow should take support around 9500-9000 levels and pull back than can take the dow till 11000-11750............comparing the same data with the nifty i feel in extreme case nifty may try and come down between 3600-3400........but this levels r strong case of investment and returns at that levels have always deliverd good rtns.........pull back can take the nifty till 4200-4300...........any move beyond the levels can be analysed there after.