LIVE RATE

Oct 21, 2008



Here u could see that MACD which seems to be in Oversold range and market is bouncing back to it, &

RSI being seen at certain turn in it which keeps market moves certain upside.

I have been mentioning there is no reason for Nifty to break 3k immediately, therefore mkt can be seen bouncing smartly but not bullish,

Market will be in the RANGE BOUND for the coming weeks, don't see to market can bounce back immediately.

NIFTY will trade between 3000 - 3600 for coming weeks.

take care.