Weekly OutLook

By | November 30, 2008

Before I begin my Nifty views for the forthcoming week, I would like to start by giving my share of tributes to our brave army and police officers. Not only the ones who lost there lives but also the ones who made the Operation cyclone a success.

As seen from the Nifty Weekly Chart we may see 2830 which in 20 DMA will act as a stiff resistance.

If that is crosses we may step into 3k range.Lets see what pane out in coming days.

Stock Specific:

Patni Computer has formed Bullish engulfing pattern can see a jump of 5-10% in coming week

Bharti Airtel coming out of Channel formation can see 700-730 Levels

ABB is a buy above 446

Reliance can see 1200 Levls in coming week.

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