NOV. 2, 06
NIFTY OUTLOOK - TECHNICAL ANALYSIS
_________________________________

NIFTY may consolidate within 3700 to 3800 range before next move.
Huge fund flows and liquidity is required for a level above 3800, though underlying undertone looks bullish.

Utmost caution should be maintained, since NIFTY has to correct considerably in order to maintain healthy momentum.

3711.05 is likely in the short to medium term.

3491.2 and 3408 is likely to be tested on the lower side. But it might not happen in the immediate future.

Today's upper band lies at 3811.40. Today's lower band lies at 3490.15.

Support Levels:
3712.6333
3671.8667
3597.9333
3477.4667
3371.1333
3325.2167

Note: These views do not have any relevance to NIFTY futures.

Stocks to Watch
GULF OIL CORPORATION

Hi guys this page will be under maintenance for some time. So, there will be no updates for few days.

If you like to learn about Orlando rental
click here