Showing posts with label DOW AND NIFTY SUPPORT ANALYSYS. Show all posts
Showing posts with label DOW AND NIFTY SUPPORT ANALYSYS. Show all posts

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.