Monday, May 26, 2008

Nifty Update for May 27 - 4914 Key Level for Bulls - Inder Bhatia

The Indian market closed in deep red due to heavy selling pressures across the sector indices. Nifty open below major support 4910 and closed below it. If Nifty crosses 4914-4924 some upside can seen on lower side. 4850-4800 is good support for bulls. Markets are likely to remain choppy and volatile ahead of expiry of may series.

HOT STOCK: TCS and SUNPHARMA.

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