Search Now

Recommendations

Monday, July 07, 2008

Market may remain volatile


The market may witness cautious trend as US Market was closed on Friday and Asian indices are exhibiting mix trends in the morning trades. Investors should maintain caution as profit taking at higher levels may pull down the market. Among the local indices the Nifty could test 3975 and 3920 on the downside while on the upper side it may move up to 4050. The Sensex has a likely support at 13300 and may face resistance at 13600.

US Maket was closed on Friday on account in Independence Day of US.