Nov 3, 2008

Market outlook in this week (03-11-2008)

As Monday we are going to have gap up opening and above 3100 go short on nifty with a stiff stop loss of 3250 targeting,
T1:2825
T2:2675
T3:2500.
If nifty goes beyond the 3250 then the up side target would be 3550 where it could act as the huge resistance for the market. Similarly skidding below 2500 would lead further to 2000 levels.

with thanks
be and make

2 comments:

zen said...

very good and very detailed report on India's present situation. HATS OFF Be and Make.
are you suggesting that we should not invest in stocks for the next few months?

-zen.

Be and Make said...

Yes, preserve your capital for time being.

with thanks
be and make