5 March 2008
nifty
- European shares added to Wednesday's gains, echoing the trend in U.S. stock markets after a better-than-expected reading for a gauge of U.S. service sector activity.
The U.S. service sector contracted in February, but not as badly as economists had expected. The Institute for Supply Management's non-manufacturing index came in at 49.3, above the record-low result of 44.6 in January but still slightly below the level of 50 that separates expansion from contraction.
we can see Nifty again going to kiss its key support 4980 after a gap up opening we can see nifty 5222 and if fed did well no doubt tension is all over the world but its a a election year for both Usa and India we can see nifty 5389 and 5550 if all did well. We are silent from one month and and viewing just market index. All have their own assumptions but what we can think and judge we can say it its a mix year of stock market and we will see new high in 5 to 6 months so do investment donut do speculations it will bring bad results
by erectusplus at 17:08:00 |
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