2 Dec 2009 Do not Sell now Nifty Sensex outlook Prediction Updated

2 Dec 2009 Nifty Sensex outlook Prediction Updated

Looks Like  4970 level in Nifty is  Emerging as Robust Support

So do not sell now

5200 is clearly a resistance now

but looks like markets will Break itin Coming Sessions atleast before December Expiry

So we are revising targets for nifty this Month

Now the range of nifty will be 4950-5400

With more probaility of Nifty closing near the higher End of the range near expiry

So just hold your Stocks

Do not initiate fresh longs

Wait for Signals to sell

This market may surprise you in upside