Tuesday, October 20, 2009

PRE-OPEN MARKET OUTLOOK(20-10-2009)

ALL TRENDS ARE POSIITVE BUT INTRADAY CHARTS ARE SHOWING SELLING PATTERNS THEREFORE INDIAN MARKETS REQUIRES CONSOLIDATION AND IS EXPECTED THAT NIFTY WILL TRADE WITHIN 5000-5125 DURING CONSOLIDATION. GLOBAL CUES ARE POSITIVE THEREFORE AFTER POSITIVE OPENING DOWN MOVE IS EXPECTED AND RED CLOSING WILL BE SEEN TODAY.



(LALIT KUMAR DHINGRA)

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