Monday, September 15, 2008

nifty chart for today


As SGX nifty is trading at 4095 nifty will be in downtrend with channel as shown in chart.

''We expect the Sensex to repeatedly touch both extremes of the 13,000-16,000 band in the next six months. At each extreme, investors should prepare portfolios for a market move to the other''...Credit Suisse

pl. read http://www.stateofthemarket.net/tradingnotes.htm

-jignesh