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Indian Stock Market Technical Analysis

Posted By On 2/03/2008 02:46:00 AM Under
1. A number of retailers have burned their hands in this global meltdown.

2. An update on Indian economy is a must as a number of investors have invested here to get the dream returns.

3. Nifty has held 5030 and has thus critical resistance at 5531. If Nifty trades above 5531 continously for 3 days than bears are wiped out and bulls will strike with vengeance.

4. Nifty is trading above its 200-day moving average and thus one can heave a sigh of the relief till the same is held.

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