Sunday, December 7, 2008

Up move expected

Last Friday Nifty movement was as anticipated by the visitors of Vipani Sangeetham as it was a typical Friday movement. Monday, after the cut in petrol & diesel prices by Central Government, cut in Repo & Reverse Repo rate by RBI and prospects of financial package by Prime Minister Dr.Manmohan Singh etc. definitely will give a boost to Indian market. So, Nifty may re-start its journey to Panchamam (2976), Sudha Daivatham (3178)levels as expected by Nandi last week. It is to be seen from where it retraces.

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