Nifty may correct upto 3516-3429: Angel

Published on Tuesday, October 7th, 2008 at 4:13 AM
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Author: admin (5507 Articles)

According to Angel Broking’s Market Outlook report, if NIFTY trades below 3,668 for the first half-an-hour of trade then it may correct upto 3,516–3,429.

Angel Broking’s Market Outlook report:

The trend deciding level for the day is 3,668/11,940. NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally upto 3,755/12,146. However, if NIFTY trades below 3,668/11,940 for the first half-an-hour of trade then it may correct upto 3,516–3,429/11,595–11,388.

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