Wednesday, April 18, 2007

Time for Portfolio Churning

On Monday Nifty managed to cross the most important resistance of 3975 with a big leap. Now this resistance has become a good support. Check out how exactly Nifty got support at 3975 (Tuesdays Low) & saved the day.
Well we need to see Nifty holding on this support & move up.
At least till April Expiry, there is really no danger of a great fall.

Our IDBI almost meet our second target. Will IFCI start its next & probably its final move tomorrow? Let’s watch.

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