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Market Outlook
Thursday, May 31, 2007
Rajat K Bose is of the view that Nifty levels of 4287 – 4290 and the Sensex levels of 14475 – 14485 would continue to be crucial levels on the upside. Once they are decisively crossed we can expect to see the higher levels of 4325 – 4350. On the downside, selling pressure would increase if the Nifty were to fall below 4205; in such a situation, expect 4170 – 4140 range to be retested. Unless 4140 is decisively broken, there is no major threat to intermediate uptrend.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.