Technically charts tells that nifty is having strong support at 2495. Below that nifty may make double bottom formation at 2228 which is made on 27-10-08. Near bottom or below 2495 my advise is start buying for only long term view means you may buy deliveries here for 2-3 years. Believe me you will have fabulous return on your investments. Only invest your money in the top 30 companies only.
Looking to global sentiments not posting today levels and chart for nifty. Nifty will be very volatile today. I hope that nifty will not break 2495, so above this level high risk traders can trade with strict sl of 2490. below that I advise remain neutral in market. Dont listen rumors market will not shut down in any way. Our economy is far better than USA in current situation. Due to election FII is selling there stocks, so, dont get panic on thier sells. In the world only two countries are left for investments one is India and second is China. So, FIIs will come back after elections, so friends this is the opportunity for buying. Start buying in parts and buy only top companies only.
Have nice trading day.
Rupesh Yatesh Dalal
MARKETCALLS
Looking to global sentiments not posting today levels and chart for nifty. Nifty will be very volatile today. I hope that nifty will not break 2495, so above this level high risk traders can trade with strict sl of 2490. below that I advise remain neutral in market. Dont listen rumors market will not shut down in any way. Our economy is far better than USA in current situation. Due to election FII is selling there stocks, so, dont get panic on thier sells. In the world only two countries are left for investments one is India and second is China. So, FIIs will come back after elections, so friends this is the opportunity for buying. Start buying in parts and buy only top companies only.
Have nice trading day.
Rupesh Yatesh Dalal
MARKETCALLS
