Tuesday, July 8, 2008

Nifty Future for July 9 - Santosh Gundecha

From last one week we are moving in a range of 3800 to 4100. On daily charts, everyday there is a Black candle followed by White and again Black candle. This daily volatility is because of international markets as well as Big internal Political chaos; and Media is adding fuel to speculation on political front.

Break on either side can give good move (This can happen once certainty/ stability is established on political front). The latest news is PM is in favor of a vote of confidence on July 11. Let's see what happens and how much 'horse trading' takes place.

So again my D-days of July 15-18 (Astro view) appear crucial.

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