The Nifty could cross the 4245 level but the challenge is it should trade above 4269-71 at least for two trading sessions, then the strength builds and bears will take a back step giving a way to touch 4360 level easily.
The leaders like RIL sould trade above 1691-1693, RCOM above 491-489, ICICI above 941-943 level, SBI above 1323-25 level. As of now it seems the market is at cross roads.
For stock specific calls visit www.intradaystockcalls.blogspot.com & www.gainfulstockcalls.blogspot.com
Monday, May 21, 2007
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