Thursday, May 28, 2009

Nifty Outlook 28-may-2009

Tomorrow is expiry day and as usual expected to be very volatile.

Bear Level

Short nifty future around 4330 with stoploss at 4350 for targets 4295, 4265, 4245

Bull Level

Buy nifty future at retracment level of 4240 with stoploss at 4220 for targets 4285, 4315, 4330.

Being expiry day there are no stock recommendations.
However, yesterday's levels of HDIL shall be valid for tomorrow also.

World Markets (delayed)