home » General » Further downtrend likely if Nifty closes below...Further downtrend likely if Nifty closes below 3,780posted by lambda(11) 14 months ago (www.myiris.com) P.K. Agarwal, president-research, Bonanza Portfolio, giving his opinion on today`s market performance said, ``Today was an important day for Indian markets, as Nifty tested the previous low of 3,790. Nifty made new low for 200 at 3,777 and closed also at the year`s low of 3,850.``He said, ``Banking, IT were the major losers, selling was also seen in ICICI Bank, Satyam, Suzlon, TCS. Some buying was in Tata Comm, GAIL, ONGC and Hind Unilever. It is important to watch the band 3,770-3,800 which m read more » |
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