Thursday, April 16, 2009

FORECAST FOR 17-04-2009

ON 16-04-2009 nifty made corrections from 3500 level to 3362 as we had forecast a correction

between 3490-3567 as was advised on 09-04-2009.

Today the markets may bounce back.

Nifty likely to get support at 3150-3200 levels in downtrends.

Today nifty may face resistance at 3389,3417,3459,3507.3527 3569 ,3624 etc and may

find support at 3320,3265,3168 etc.

These indications are given for general information only. All market actions will be at

the individual's own risk.

Vidyabhaarati.

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