nifty closed above 4500 global mkts also doing well, support 4100/4000, resis 4650-4700. mkt ranged between these one can buy near supports and sell near range highs, 50% longs are intact since 2600 lvl. global commodities like crude and gold also doing nicely maintaining bullish upmove i guess till the dollar index continues falling and reaches oversold lvls near 75-77.
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Tuesday, June 2, 2009
mkt ahead: 02 june 2009...
Posted by
abhay r somkuwar
at
7:28 AM
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2 comments:
dear abhay!
pls update the P/E chart you had here some time back. with nifty p/e again nearing 21, i think it can give some idea about future action.
warm regards & million thanx
vijayakrishna
thanks vijaybhai, nifty p/e chart posted.
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