"IF YOUR BORN POOR ITS NOT YOUR FAULT BUT IF U DIE POOR ITS YOUR FAULT"
-- Dhirubhai Ambani
Thursday, December 29, 2011
NIFTY OUTLOOK & TRADING
Dear All,
With F&O expiry on 29th, we could see flat move with negative bias below 4720. Nifty Dec Fut has a support at 4670-4675, below that one could see a quick fall. Stay short below 4720. The downside levels seen at 4640 - 4590 for spot nifty.
Action expected in the market on the second half of the day.
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