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“But if nifty manages to hold above 4,760 in the near term then it's quite possible that Nifty could again rally further upto 4,850/4,950, "the report says.”
“It bugs Emma when I use the word Nifty, so I couldn't resist when speaking about her sweater.”
“` ` The stocks are set to extend yesterday ` s rally in move to reach our short term Nifty target of 4,970.”
“In the near-term Nifty faces resistance at 3715 and intra-day support is placed at 3580-3520. â€œRally was in anticipation of huge short-covering and fresh buying from the FIIs as major action was seen in the index frontline stocks.”
“Now for the near term Nifty faces resistance at 3715 and intra-day support is placed at 3580-3520.”
“For about a year or so, you have seen that Nifty has been in a very tight range and taking directional calls on the Nifty has been a very big challenge.”
“But generally the level of conviction on the Nifty is a bit low at this point in time and you could see that yesterday the way the market was just ambling along quite aimlessly.”
“A: Not completely a surprise because 5,300 on the Nifty was a very important resistance.”
“Nifty, which is roughly 3,200 give or take 50 points either way, then the”
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